Consumer Sentiment Highest in Over Four Years
Ann Arbor, MI, May 25, 2012 -- The final May reading of the University of Michigan-Thomson Reuters consumer sentiment index rose to 79.3 in May, the highest level since October 2007.
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.
Mullican Intros First U.S.-Made Engineered Product
Johnson City, TN May 25, 2012 -- Hardwood flooring maker Mullican Flooring has rolled out its first American-made engineered flooring.
Real Estate Industry Backs Refinancing Act
Washington, DC, May 25, 2012 -- The real estate industry tried to convince a a Senate committee on Thursday to endorse a plan that would lower interest rates for homeowners with mortgages owned by Fannie Mae and Freddie Mac.
Negative Equity Still Problem for Homeowners
New York, NY, May 25, 2012 -- How many homeowners are actually underwater? Real-estate listing and valuation service Zillow has been revising its methodology for the calculation.
Mohawk Expanding Georgia PET Plant
Calhoun, GA, May 24, 2012 -- Mohawk said it will expand its PET manufacturing operations in Summerville, Georgia.
Construction Employment on the Upswing
Coconut Creek, FL, May 24, 2012 -– The nation’s construction industry unemployment rate fell to 14.5%, down from 17.2% in March and 17.8% in April, according to the May 4 employment report by the U.S. Labor Department.
Study Shows Phthalates Absorbed from Flooring
Karlstad, Sweden, May 24, 2012 -- A new study at Karlstad University in Sweden apparently shows that phthalates from PVC flooring materials can be absorbed, Science Daily reports.
Initial Jobless Claims Edge Down
Washington, DC, May 24, 2012 -- Initial claims for unemployment benefits last week were little changed, according to the Labor Department.
Durable Goods Orders Tick Higher in April
Washington, DC, May 24, 2012 -- Durable goods orders ticked up 0.2% in April, the second rise in three months, according to the Commerce Department.
Earthquake Kills Two Italian Tile Plant Workers
Sant'Agostino Di Ferrara, Italy, May 24, 2012 -- The recent earthquake in the Emilia-Romagna region of Italy this past weekend killed two workers at the Ceramica Sant'Agostino tile plant when the building collapsed early Sunday morning.