Consumer Loan Delinquency Rates Rise in Q2
Washington, DC, Oct. 7, 2011 -- Consumer loan delinquency rates rose in the second quarter, according to the American Bankers Association.
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.
Neuhofer Holz Expands Warehouse Capacity
Zell am Moos, Austria, Oct. 7, 2011 -- Wood processor Neuhofer Holz held a family celebration at the company premises in Zell am Moos last weekend to mark the opening of an additional 20,000 meters of warehouse capacity.
Percentage of Homeowners Continues to Fall
Washington, DC, Oct. 7, 2011 -- The percentage of Americans who owned their homes has fallen the most since the Great Depression, according to the U.S. Census Bureau.
Wholesale Inventories Rise in August
Washington, DC, Oct. 7, 2011 -- U.S. wholesale inventories rose less than forecast in August, according to the Commerce Department.
Greenbuild 2011 Attendance Declines
Toronto, Ontario, Canada, Oct. 6, 2011 -- Organizers of the annual Greenbuild expo said that attendance this year fell to 23,000.
Unemployment Claims Less Than Expected
Washington, DC, Oct. 6, 2011 -- Initial claims for unemployment benefits rose 6,000 in the week ended Oct. 1 to 401,000, according to the Labor Department.
Mortgage Rates at Another Record Low
Washington, DC, Oct. 6, 2011 -- The average rate on the 30-year fixed mortgage fell to 3.94% this week, the lowest rate ever, according to Freddie Mac.
Armstrong Workers To Vote on Contract Sunday
Lancaster, PA, Oct. 6, 2011 -- The United Steelworkers will vote Sunday on a tentative contact covering workers at Armstrong World Industries' Lancaster flooring factory, according to the Central Pennsylvania Business Journal.
September Retail Sales Surprisingly Strong
New York, NY, Oct. 6, 2011 -- Sales spurred consumers to spend more in September.
Sika AG Agrees To Acquire Rest of Spanish Firm
Baar, Switzerland, Oct. 6, 2011 -- Sika AG has agreed to acquire 100% of Comercial de Preresa, SA, a company with a strong position in the flooring, repair and reinforcement markets in Spain and Portugal.