Initial Unemployment Claims Rise Unexpectedly
Washington, DC, Sept. 15, 2011 -- Initial unemployment claims rose last week to their highest since June, the Labor Department said.
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.
Experts Urge Expansion of Fed Refinancing Program
Washington, DC, Sept. 15, 2011 -- Some housing experts are urging the Obama administration to expand the Home Affordable Refinance Program, whose goal is to refinance mortgages to lower interest rates.
Empire Manufacturing Index Stays Negative
New York, NY, Sept. 15, 2011 -- The Empire State manufacturing index fell slightly in September and remained in negative territory for the fourth straight month, the New York Federal Reserve Bank said.
Consumer Inflation in August Higher Than Expected
Washington, DC, Sept. 15, 2011 -- The Consumer Price Index rose 3.8% in August compared to a year earlier. That's up from 3.6% in July and is the highest reading since September 2008.
Philadelphia Fed Index Rises in September
Philadelphia, PA, Sept. 15, 2011 -- Philadelphia area manufacturing continued to contract in September, according to the Philadelphia Fed's Business Outlook Survey.
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.
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.