August 30, 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.
U.S. Jobless Claims Drop to Eight-Year Low
Washington, DC, July 24, 2014—Jobless claims in the week ending July 19, fell by 19,000 to a seasonally adjusted 283,000, the lowest level since February 2006.
Lumber Liquidators Lawsuit Claims Excessive Formaldehyde Levels
Oakland, CA, July 23, 2014—Global Community Monitor files a lawsuit against Lumber Liquidators claiming its Chinese-made laminate flooring emits excessive levels of formaldehyde.
Architecture Billings Index Shows Improving Conditions
Washington, DC, July 23, 2014 -– The Architecture Billings Index is signaling improving conditions for the overall design and construction industry.
Georgia Names Stretch of Highway After Anderson
LaGrange, GA, July 23, 2014 -- The State of Georgia is dedicating 16 miles of Interstate 85 in Troup County to Interface founder Ray C. Anderson.
Next WFCA, CFI Event Set for September
Kansas City, MO, July 23, 2014 -- The next week-long CFI installation training and certification event sponsored by the World Floor Covering Association is in Los Angeles Sept. 9-12.
Mortgage Application Volume Rises
Washington, DC, July 23, 2014 -- Mortgage application volume rose 2.4% from one week earlier, according to data from the Mortgage Bankers Association.
Carpet Chemical Makers Announce Price Increases
New York, NY, July 23, 2014 -- Two companies have announced price increases for raw materials related to carpet.
Existing Home Sales Back Over 5 Million Rate
Washington, DC, July 22, 2014 -- Sales of existing homes rose 2.6% in June to a seasonally adjusted annual rate of 5.04 million, according to the National Association of Realtors.
House Prices Rise in May, FHFA Says
Washington, DC, July 22, 2014 -- House prices rose 0.4% in May, the Federal Housing Finance Agency said. They are also up 5.5% from a year ago.
Mohawk Releases Fifth Sustainability Report
Calhoun, GA, July 22, 2014 -- Mohawk Industries has released its fifth annual sustainability report.
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