Retail Sales Flat in August, July's Revised Down
Washington, DC, Sept. 14, 2011 -- Retail sales were flat in August, according to the Commerce Department.
Today's Flooring News
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Mortgage Applications Rise After Previous Decline
Washington, DC, Sept. 14, 2011 -- Mortgage application volume rose 6.3% last week from the previous week, according to the Mortgage Bankers Association.
Empire State Building Gets LEED Certification
New York, NY, Sept. 14, 2011 -- The Empire State Building has been awarded LEED Gold for Existing Buildings certification.
Nora Introduces Apps for Apple Products
Salem, NH, Sept. 14, 2011 -- Rubber flooring manufacturer Nora Systems has rolled out mobile apps for Apple iPhone and iPad.
Maryland Fine Rug Firm Affected by Embargo
Chevy Chase, MD, Sept. 14, 2011 -- Parvizian Fine Rugs, a longtime landmark in Chevy Chase that serves an affluent clientele, is downsizing and moving to smaller space, according to the Washington Post.
Business Inventories, Sales Rise in July
Washington, DC, Sept. 14, 2011 -- Business inventories rose 0.4% in July, slightly less than expected, following a similar gain in June, according to the Commerce Department.
Little Sign of Inflation in Wholesale Prices
Washington, DC, Sept. 14, 2011 -- Core wholesale prices, excluding the volatile food and energy categories, edged up 0.1% in August, the smallest increase in three months, according to the Labor Department.
UK's Victoria Carpets Buys LVT Distributor
Kidderminster, UK, Sept. 13, 2011 -- Carpet manufacturer Victoria Carpets is entering the luxury vinyl flooring market after buying distributor C & H Distribution Limited.
Number of Underwater Homeowners Declines
New York, NY, Sept. 13, 2011 -- The number of underwater U.S. homeowners declined in the second quarter as more residences were lost to foreclosure, according to CoreLogic Inc.
Business Economists Lower Growth Forecasts
Washington, DC, Sept. 13, 2011 -- Economists with the National Association for Business Economics are scaling back their growth forecasts for 2011 and next year.