December 6, 2013
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Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Armstrong Raising Hardwood Prices
Lancaster, PA, Dec. 3, 2013 -- Armstrong said it will raise prices 6-12% on engineered and solid hardwood, effective Feb. 3.
Mortgage Application Volume Down Last Week
Washington, DC, Dec. 4, 2013 -- Mortgage application volume fell 12.8% from the previous week on a seasonally adjusted basis, the Mortgage Bankers Association said.
Growth in Services Sector Slows
Washington, DC, Dec. 4, 2013 -- Growth in the U.S. services sector of the economy slowed in November, according to the Institute for Supply Management.
Flooring Association Northwest Plans Market
Lynnwood, WA, Dec. 4, 2013 -- Flooring Association Northwest will hold its Market event March 4 in Lynnwood.
Home Prices Rise in October
New York, NY, Dec. 3, 2013 -- Home prices rose 0.2% in October, and 12.5% year-over-year, CoreLogic said Tuesday.
Lumber Liquidators' Investor Files Lawsuit
Newport News, VA, Dec. 3, 2013 -- A Lumber Liquidators shareholder has filed a class action lawsuit against the firm, according to the Virginian-Pilot newspaper.
Supreme Court Won't Hear Online Tax Case
Washington, DC, Dec. 3, 2013 -- The U.S. Supreme Court said it won’t hear Amazon's challenge to a state law that requires online retailers to collect sales taxes on purchases.
Tarkett Signs BPI for Southwest Distribution
Chagrin Falls, OH, Dec. 3, 2013 -- Tarkett has signed BPI to handle distribution in Texas, Oklahoma and a portion of Louisiana markets.
October Construction Spending Hits 4-Year High
Washington, DC, Dec. 2, 2013 -- The Department of Commerce said that construction spending during October was estimated at a seasonally adjusted annual rate of $908.4 billion, 0.8% above the September estimate of $901.2 billion.
Armstrong Raising Vinyl Composition Tile Prices
Lancaster, PA, Dec. 2, 2013 -- Armstrong said it will raise prices 4% for its standard vinyl composition tile products effective Feb. 4.
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