Atlanta Fed Revises Q1 GDP Estimate Lower
New York, NY, March 29, 2016 -- The Atlanta Federal Reserve said its GDPNow forecast model shows the economy is growing at a pace below 1% in the first quarter.
Today's Flooring News
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.
Pending Home Sales Rise in February
Washington, DC, March 28, 2016 -- Pending home sales in February jumped 3.5%, the National Association of Realtors reported Monday. Pending sales reached the highest level in seven months.
Home Renovation High Priority for Consumers, Survey Says
New York, NY, March 28, 2016 -- Nearly two out of three consumers say they are planning to renovate their homes, according to a new survey from LightStream, a division of SunTrust Bank.
Business Economists Predict Slower Growth
Washington, DC, March 28, 2016 -- Business economists are predicting weaker growth in the economy than they were late last year, according to a survey by the National Association of Business Economists.
Personal Income, Spending, Top Expectations
Washington, DC, March 28, 2016 -- Personal income and spending rose 0.5% in February, according to the Commerce Department.
Mortgage Rates Decline Last Week
Washington, DC, March 28, 2016 -- After four straight weeks of increases, mortgage rates dipped last week, according to Freddie Mac.
Global Tile Demand in 2020 To Hit $120 Billion
New York, NY, March 28, 2016 -- Global demand for ceramic tiles market was valued at around $72.0 billion in 2014 and is expected to reach around $120.0 billion in 2020, according to a report by Zion Research.
Analysts Bullish on Mohawk Stock
New York, NY, March 28, 2016 -- The stock of Mohawk Industries has received an average recommendation of “Buy” from the 10 ratings firms that are covering the stock, according to MarketBeat.
3M, BASF, Mohawk & Shaw Named to Forbes Best Employers List
New York, NY, March 24, 2016—3M, BASF, Mohawk and Shaw were named to Forbes’ America’s Best Employers 2016.
CDC Issues Revised Report on LL High-Formaldehyde Laminate
Washington, DC, March 24, 2016—The Centers for Disease Control and Prevention has issued a revised report on the dangers of exposure to laminate flooring with high levels of formaldehyde produced in China and sold by Lumber Liquidators.