May Jobs Report Stronger Than Expected
Washington, DC, June 5, 2015 -- The Labor Department said the U.S. economy created 280,000 new jobs in May.
Today's Flooring News
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Average Home Downpayment Percentage Falls
Irvine, CA, June 5, 2015 — The average down payment for single family homes, condos and townhomes purchased in the first quarter was 14.8 percent of the purchase price, down from 15.2 percent in the previous quarter and down from 15.5 percent a year ago.
Anderson Foundation Awards Fellowship Funds
Atlanta, GA, June 5, 2015 -- The Ray C. Anderson Foundation has awarded $100,000 to Project Drawdown to fund the Ray C. Anderson Fellowship.
China Ceramics Swings to Profit in First Quarter
Jinjiang, China, June 5, 2015 -- China Ceramics Co. reported net first quarter profit of $400,000 compared to a net loss a year ago of $400,000.
Philly Floor Gets Temporary Space After Fire
Conshohocken, PA, June 05, 2015 -- Philadelphia Floor Store said it has made progress since suffering a devastating fire on May 17 that leveled its headquarters in Conshohocken.
Mortgage Rates See Little Movement
Washington, DC, June 5, 2015 -- Average long-term U.S. mortgage rates this week remained near their highest of the year.
Planned Job Cuts Decline Sharply in May
Chicago, IL, June 4, 2015 -- After reaching a three year high in April, planned job cuts announced by U.S.-based firms declined sharply in May, falling by 33% to 41,034.
U.S. Oil Industry Can Survive Low Prices
Vienna, Austria, June 4, 2015 -- Despite lower oil prices, the U.S. oil shale industry is in decent shape, according to Ryan Lance, CEO of oil firm ConocoPhillips.
Initial Jobless Claims Remain Low Last Week
Washington, DC, June 4, 2015 -- Initial claims for unemployment benefits last week remained near a 15-year low, according to the Labor Department.
Still Difficult for Most to Buy a Home, Lennar CEO Says
New York, NY, June 4, 2015 -- The housing market is improving but at a very slow pace, homebuilder Lennar CEO Stuart Miller said on financial news channel CNBC.