Housing Starts, Permits Decline in December
Washington, DC, Jan. 19, 2012 -- New construction of U.S. houses fell back in December after a strong gain in the previous month, the Commerce Department 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.
CARE Elects Braun Chairman, Outlines Strategy
Atlanta, GA, Jan. 19, 2012 -- Werner Braun, president of the Carpet and Rug Institute, was elected chairman of the Carpet America Recovery Effort organization at a CARE board meeting earlier this week.
H.B. Fuller Sees Higher Fourth Quarter Profit
St. Paul, MN, Jan. 19, 2012 -- Adhesives maker H.B. Fuller reported that fourth quarter net income was $26.4 million, or $0.53 per share, versus $21.9 million, or $0.44 per share, in last year's fourth quarter.
Jobless Claims Fall to Near Four Year Low
Washington, DC, Jan. 19, 2012 -- Initial applications for unemployment benefits plunged last week to their lowest level in almost four years, according to the Labor Department.
OSHA Accuses Marazzi of Safety Violations
Washington, DC, Jan. 19, 2012 -- The Occupational Health and Safety Administration has cited American Marazzi Tile Inc. with 25 safety and health violations.
Creating Your Space Addresses Mobile Devices
Sausalito, CA, Jan. 19, 2012 -- Creating Your Space is now creating for flooring dealers websites that take advantage of the growing popularity of smartphones.
Residential Carpet Sector May Have Bottomed
New York, NY, Jan. 19, 2012 -- Flooring industry analyst Stifel-Nicolaus says that the gap between commercial and residential carpet dollars remains wide.
Thirty-Year Mortgage Rate Hits Record Low
Washington, DC, Jan. 19, 2012 -- The average rate on the 30-year fixed mortgage fell this week to a record low.
Philadelphia Manufacturing Continues Expanding
Philadelphia, PA, Jan. 19, 2012 -- Manufacturing in the Philadelphia region expanded at faster pace in January, according to the Federal Reserve Bank of Philadelphia.
Two Florida Flooring Stores Merge
Sarasota, FL, Jan. 19, 2012 -- G. Fried Flooring of Sarasota has merged with Flooring America of Tampa, according to Gulf Coast Business Review.