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.

Planned Job Cuts Decline in February

Planned Job Cuts Decline in February

Chicago, IL, March 6, 2014 -- The pace of employment downsizing declined slightly in February, according to outplacement firm Challenger, Gray & Christmas.

Unemployment Applications at Three-Month Low

Unemployment Applications at Three-Month Low

Washington, DC, March 6, 2014 -- Initial applications for unemployment benefits dropped 26,000 last week to a seasonally adjusted 323,000, the lowest level in three months, according to the Labor Department.

NAHB Likes New Flood Insurance Bill

NAHB Likes New Flood Insurance Bill

Washington, DC, March 6, 2014 -- The National Association of Home Builders has praised the House for passing flood insurance legislation that will benefit home buyers and home owners.

Factory Orders Dip in January

Factory Orders Dip in January

Washington, DC, March 6, 2014 -- Factory orders fell in January for a second straight month, according to the Commerce Department.

Mortgage Applications Surge Last Week

Mortgage Applications Surge Last Week

Washington, DC, March 5, 2014 -- Mortgage applications rebounded last week to climb 9.4% from one week earlier, according to the Mortgage Bankers Association.

Builder Hovnanian Reports Higher Loss

Builder Hovnanian Reports Higher Loss

Red Bank, NJ, March 5, 2014 -- Homebuilder Hovnanian Enterprises reported a net loss of $24.5 million, or $0.17 per common share, for the first quarter, compared with a net loss of $11.3 million, or $0.08 per common share, a year ago.