Planned Layoffs at 10-Month Low in March
Chicago, IL, MO, April 5, 2012 -- Planned layoffs declined in March to the lowest number in 10 months, according to outplacement firm Challenger, Gray & Christmas.
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.
March Retail Sales Better Than Expected
Washington, DC, April 5, 2012 -- Retailers nearly across the board reported better-than-anticipated sales in March, an indication that Americans are feeling better about the economy.
Major Resilient Makers Combine Training in Event
Kansas City, MO, April 5, 2012 -- Certified Floorcovering Installers and the World Floor Covering Association held a resilient certification training event in Baltimore last month.
Mortgage Rates Remain Near Record Lows
Washington, DC, April 5, 2012 -- The average U.S. rate on the 30-year fixed mortgage fell slightly to 3.98% from 3.99% last week, according to Freddie Mac.
Amber Flooring Named Dealer for Coswick
Mississauga, Ontario, April 4, 2012 -- Hardwood flooring manufacturer Coswick Hardwood said that Amber Flooring has become the official Coswick dealer in Northern California.
ADP Report Shows Continued Job Expansion
Roseland, NJ, April 4, 2012 -- Private-sector employment increased by 209,000 jobs in March, led by the service-providing sector and small businesses, according to the ADP employment report.
Foreclosure Starts Continue To Fall in February
New York, NY, April 4, 2012 -- The number of homes just entering the foreclosure process fell in February from January and are down about 15% from a year ago, according to Lender Processing Services.
Tandus Hires Retired Marine as Exec. Consultant
Dalton, GA, April 4, 2012 -- Tandus Flooring has named retired Marine Master Sergeant William “Spanky” Gibson as executive consultant.
Services Sector Continues Long Expansion
Washington, DC, April 4, 2012 -- The Institute for Supply Management's services-sector gauge for March fell to 56.0% from 57.3% in February.
Mortgage Applications Jump on Refinancing
Washington, DC, April 4, 2012 -- Mortgage application volume last week rose 4.8% from the prior week as refinancing picked up, the Mortgage Bankers Association said.