May 22, 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.
Consumer Sentiment Better Than Expected
Ann Arbor, MI, April 26, 2013 -- Consumer sentiment fell less than expected in April to a three-month low, according to the Thomson Reuters/University of Michigan index.
Remodelers' Confidence Falls in First Quarter
Washington, DC, April 26, 2013 -- Remodelers’ confidence in the market dipped in the first quarter of 2013 when the Remodeling Market Index fell six points to 49, according to the National Association of Home Builders.
Mohawk's Spano Acquisition Gets European OK
New York, NY, April 26, 2013 -- Reuters reported that Mohawk's acquisition of Belgium-based chip board and melamine board manufacturer Spano has been approved by the appropriate regulatory agencies in Europe.
GDP Expands in First Quarter
Washington, DC, April 26, 2012 -- Gross domestic product grew at a 2.5% annual rate in the first quarter, the Commerce Department said Friday.
Corporate Floors Acquires FootPrint Commercial
San Antonio, TX, April 26, 2013 -- Corporate Floors said it has acquired FootPrint Commercial Flooring in San Antonio and hired its co-founder, Peggy Arnold.
Rising House Prices Spurring Home Building
Washington, DC, April 26, 2013 -- Buoyed by rising home prices throughout much of the nation, both single-family and multifamily housing starts are expected to post double-digit gains over last year in 2013.
C&R Flooring President Wins Ellis Island Medal
Needham, MA, April 26, 2013 -- C&R Flooring said that its president, Chris Zizza, is a 2013 recipient of the Ellis Island Medal of Honor.
Interface Swings to Profit in First Quarter
Atlanta, GA, April 25, 2013 -- Interface reported first quarter net income of $7.0 million, or $0.11 per share, compared with a net loss in the first quarter last year of $5.9 million, or $0.09 per share.
Initial Jobless Applications Fall 16,000 Last Week
Washington, DC, April 25, 2013 -- Initial applications for unemployment benefits last week fell by 16,000, according to the Labor Department.
Analyst Upgrades Lumber Liquidators
New York, NY, April 25, 2013 -- Analyst Stifel Nicolaus has upgraded share of Lumber Liquidators to a "hold" after the firm's recent first quarter report.
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