Consumer Sentiment Highest Since June
Ann Arbor, MI, Nov. 23, 2011 -- Consumer sentiment improved in November, according to the University of Michigan and Thomson Reuters survey.
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.
Number of Homes Listed for Sale Declines Again
New York, NY, Nov. 23, 2011 -- The number of homes listed for sale declined for the fifth consecutive month in October, according to Realtor.com.
Mortgage Applications To Buy Homes Rise
Washington, DC, Nov. 23, 2011 -- Mortgage application volume declined last week although purchase applications rose, according to the Mortgage Bankers Association.
Indian Firms Form Joint Tile Venture
Mumbai, India, Nov. 23, 2011 -- H&R Johnson has entered into a joint venture with Small Tiles Private Ltd, a manufacturer of ceramic glazed floor tiles.
Initial Jobless Claims Edge Up
Washington, DC, Nov. 23, 2011 -- First time jobless claims for unemployment benefits ticked up slightly last week after two months of declines.
Durable Goods Orders Fall Less Than Expected
Washington, DC, Nov. 23, 2011 -- Durable goods orders fell 0.7% in October, largely because of weaker demand for commercial aircraft.
Consumer Spending Essentially Flat in October
Washington, DC, Nov. 23, 2011 -- Consumer spending slowed in October, according to the Commerce Department.
America's Floor Source Names First CTO
Columbus, OH, Nov. 23, 2011 -- America's Floor Source has hired its first chief technology officer, Dustin Leggans.
Third Quarter Economic Growth Revised Lower
Washington, DC, Nov. 22, 2011 -- The economy in the third quarter grew at a slightly slower pace than previously estimated, according to the Commerce Department.
Tembec Selling Hardwood Flooring Business
Montreal, Quebec, Canada, Nov. 22, 2011 -- Forest products company Tembec is exiting the hardwood flooring business as it shutters a 108-year operation in Huntsville, Ont., and sells another facility in Toronto.