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.
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.
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.
Consumer Inflation Remains Tame in December
Washington, DC, Jan. 19, 2012 -- Consumer prices were unchanged in December, the Labor Department said Thursday.
Builders Grow More Optimistic in January
Washington, DC, Jan. 18, 2012 -- Builder confidence in the market for newly built single-family homes rose in January to the highest point since June 2007, according to the National Association of Home Builders.
Factory Output Soars in December
Washington, DC, Jan. 18, 2012 -- U.S. factory output surged in December on stronger demand for business equipment, vehicles and energy.
Armstrong's Marmorette Gets 'Good Design' Award
Lancaster, PA, jan. 18, 2012 -- Armstrong Commercial Flooring has been honored with a 2011 Good Design Award for its newly refreshed Marmorette linoleum flooring line with Continuum.
Refinancing Spurs Mortgage Application Demand
Washington, DC, Jan. 18, 2012 -- Mortgage applications surged more than 20% last week, fueled by increased refinancing on lower interest rates, according to the Mortgage Bankers Association.
Analyst Boosts Lumber Liquidators Stock Target
New York, NY, Jan. 18, 2012 -- Goldman Sachs increased its price target on shares of Lumber Liquidators to $21.00 in a report issued on Tuesday.