Mortgage Delinquency Falls to Lowest Rate in Over Seven Years
Washington, DC, May 6, 2015—The U.S. mortgage delinquency rate fell to 5.54% in the first quarter, the lowest rate in over seven years, according to the Mortgage Bankers Association.
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.
Orders for Manufactured Goods Post Largest Gain Since July 2014
Washington, DC, May 5, 2015—New orders for U.S. factory goods rose 2.1% in March, the biggest increase in eight months, boosted by demand for transportation equipment.
EPA Considers Formaldehyde Standards for Composite Wood Products
Washington, DC, May 6, 2015—The EPA's effort to adopt its Formaldehyde Emissions Standards for Composite Wood Products marks the first time that the federal government has regulated formaldehyde inside American homes, says the New York Times.
Beaulieu of Brazil to Host CFI Workshop
Kansas City, MO, May 6, 2015—Beaulieu of Brazil is hosting a CFI hands-on skills workshop May 2 to 16.
BASF Raising Prices on Styrene-Butadiene and Styrene-Acrylic Latex Polymers
Charlotte, NC, May 6, 2015—BASF will increase prices up to $0.05 per wet pound ($0.10 per dry pound) for styrene-butadiene and styrene-acrylic latex polymers sold in North America, effective May 15 or as contracts allow.
Productivity Falls 1.9% in Q1 on Heels of 2.1% Drop in Previous Quarter
Washington, DC, May 6, 2015—Productivity in the U.S. decreased at a 1.9% annualized rate in the first quarter, following a revised 2.1% drop in the prior three months, according to the Labor Department.
Private Sector Employment Rose in April, Though Less Than Expected
Roseland, NJ, May 6, 2015—Private sector employment increased by 169,000 jobs in April, according to ADP.
Johnsonite BaseWorks Thermoset Wall Base Earns C2C Bronze
Chagrin Falls, OH, May 6, 2015—Tarkett’s Johnsonite BaseWorks Thermoset Rubber Wall Base has been recognized as Cradle to Cradle Certified Bronze under version 3.0.
Laminate Products With NALFA Seal Are Guaranteed CARB 2 Compliant
Washington, DC, May 6, 2015—The North American Laminate Flooring Association wants to assure retailers that laminate flooring products carrying the NALFA Certification Seal of approval are CARB 2 compliant.
Condo Construction Is Slow, Though Sales Prices Are Up
New York, NY, May 6, 2015—In many recovered housing markets, Americans are paying more for condominiums, but developers are barely building enough new condominiums to meet that demand, reports National Real Estate Investor.