October 25, 2014
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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.
House Price Increases Continue to Slow
New York, NY, Sept. 30, 2014 -- Single-family home prices rose less than expected in July on a year-over-year basis, according to the S&P/Case Shiller composite index.
IndusParquet Names Cascade Pacific Distributor
Miami, FL, Sept. 30, 2014 -- Exotic hardwood flooring maker IndusParquet said that Cascade Pacific Flooring Distributors is its newest distributor.
Chicago Business Expands at Slower Pace
Chicago, IL, Sept. 30, 2014 -- Growth in the Chicago area economy slowed in September but remained at a healthy pace, according to the Chicago PMI.
Fannie, Freddie Foreclosure Preventions Decline
Washington, DC, Sept. 30, 2014 -- Approximately 80,000 foreclosure prevention actions were completed by Fannie Mae and Freddie Mac in the second quarter.
Pending Home Sales Edge Down in August
Washington, DC, Sept. 29, 2014 -- Pending home sales fell 1% in August, the National Association of Realtors reported Monday.
Personal Spending Rises in August
Washington, DC, Sept. 29, 2014 -- Personal spending increased by 0.5% in August, according to the Commerce Department.
Shaw Honors Cancer Survivor at Braves Game
Atlanta, GA, Sept. 29, 2014 -- Shaw Floors joined the Atlanta Braves at Turner Field last week to honor a 14-year-old cancer survivor and St. Jude Children’s Research Hospital’s life saving work.
Second Quarter Growth Revised Higher Again
Washington, DC, Sept. 26, 2014 -- The U.S. economy grew at an annual rate of 4.6% in the second quarter, according to the Commerce Department.
Consumer Sentiment Highest in More Than a Year
Ann Arbor, MI, Sept. 26, 2014 -- Consumer sentiment was as its highest level in more than a year this month, according to the Thomson Reuters/University of Michigan index.
Omnova Solutions Income, Sales Fall in Quarter
Fairlawn, OH, Sept. 26, 2014 -- Chemicals maker Omnova Solutions reported third quarter net income of $1.8 million, or $0.04 per share, compared to net income of $9.0 million, or $0.19 per share, a year ago.
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