Nearly Pristine Credit Required for Mortgage
New York, NY, July 11, 2011 -- Tighter lending standards are making it increasingly difficult for potential homeowners to secure a mortgage, despite historically low interest rates.
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.
The Rug Market Opens New Headquarters
Atlanta, GA, July 11, 2011 -- The Rug Market America kicked off its 26th year in business with a brand new address and expanded footage to showcase its lines of indoor and outdoor rugs.
Construction Unemployment Edges Down
New York, NY, July 11, 2011 -- Unemployment in construction continued to edge down in June, according to statistics released last week by the Bureau of Labor Statistics.
Monster Index Hits Highest Level Since 2008
New York, NY, July 11, 2011 -- The Monster Employment Index in June hit its highest level since October 2008.
Housing Turn Key to Employment, Buffett Says
New York, NY, July 8, 2011 -- A housing recovery is the key to increasing employment significantly in the U.S., businessman Warren Buffett told Bloomberg News.
Teragren Founders Leave Management Roles
Bainbridge Island, WA, July 8, 2011 -- Bamboo firm Teragren said that company founders David Knight and Ann Knight are moving into consulting support roles in order to pursue other opportunities.
Stewart Hay, Founder of Glen Eden Dies
Marietta, GA, July 8, 2111 -- Stewart Hay, founder and former president of Glen Eden Wool Carpets died yesterday.
Weak Jobs Report Issued for June
Washington, DC, July 8, 2011 -- The U.S. economy added only 18,000 jobs in June, according to the Labor Department, well below the 125,000 gain expected by economists.
Consumers Go on Buying Spree in June
Washington, DC, July 8, 2011 -- Spurred by aggressive promotions, consumers went on a buying spree in June, helping many retailers deliver the strongest revenue gains for that month since 1999.
Unemployed Homeowners Get Federal Help
Washington, DC, July 8, 2011 -- The government is making it easier for unemployed homeowners to stay in their homes.