Mortgage Application Volume Declines
Washington, DC, Sept. 5, 2012 -- Mortgage application volume last week fell 2.5% despite lower interest rates, the Mortgage Bankers Association said.
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.
Mohawk Products Featured at Fashion Event
Marietta, GA, Sept. 5, 2012 -– Carpet from the Mohawk Group will be featured on the runway at this year's Mercedes-Benz Fashion Week.
Worker Productivity Rises in Spring
Washington, DC, Sept. 5, 2012 -- U.S. worker productivity this spring was higher than anticipated, according to the Labor Department.
Construction Spending Falls in July
Washington, DC, Sept. 4, 2012 -- U.S. construction spending fell in July by the largest amount in a year, hurt by a big decline in spending on home improvement, according to the Commerce Department.
Mullican Expanding Production at Virginia Plant
Johnson City, TN, Sept. 4, 2012 -- Hardwood manufacturer Mullican Flooring said it plans to hire 28 new employees at its Norton, Virginia production facility in order to meet anticipated product demand in the coming months.
Manufacturing Contracts Slightly in August
Tempe, AZ, Sept. 4, 2012 -- The Institute for Supply Management’s U.S. factory index edged lower to 49.6 in August from 49.8 in July.
UK's Headlam Acquires Flooring Accessories
London, England, Sept. 4, 2012 -- European flooring distributor Headlam has acquired the Welsh firm Flooring Accessories.
Bernanke Doesn't Commit to More Fed Action
Jackson Hole, WY, Aug. 31, 2012 -- Federal Reserve Chairman Ben Bernanke gave no indication Friday that the Fed would provide additional stimulus anytime soon.
Consumer Sentiment Rises More Than Expected
Ann Arbor, MI, Aug. 31, 2012 -- Consumer sentiment improved in August, according to the University of Michigan-Thomson Reuters' consumer-sentiment survey.
Factory Orders Surge in July
Washington, DC, Aug. 31, 2012 -- New orders for manufactured goods posted the biggest increase since July 2011 and rose for the second time in three months.