Durable Goods Orders Up Nearly 5 Percent
Washington, DC, Aug. 26, 2009--Orders for new U.S.-made durable goods were up by 4.9%, the largest increase in two years, the Commerce Department reported Wednesday.
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.
Daltile Again Featured in Extreme Makeover
Dallas, TX, Aug. 26, 2009--Daltile has signed on for its seventh consecutive season as tile provider to “Extreme Makeover: Home Edition.”
Mortgage Applications Up on Higher Refinancing
Washington, DC, Aug. 26, 2009--Mortgage applications filed last week increased 7.5% compared with the week before, boosted mainly by filings to refinance existing home loans, the Mortgage Bankers Association said Wednesday.
Teragren Names Two New VPs, Four Distributors
Bainbridge Island, WA, Aug. 26, 2009--Bamboo manufacturer Teragren said that it has appointed of two industry veterans, John Austin and Mike Boshart, to key roles within the organization.
Home Prices Stage 'Impressive Turnaround'
New York, NY, Aug. 25, 2009--The prices of single-family homes in 20 major cities rose a seasonally adjusted 1.4% in June, the second increase in a row after falling every month for three years, according to the Case-Shiller home price index.
Shaw Forms Australian Contract Group
Cartersville, GA, Aug. 25, 2009--Shaw Commercial Division has formed the Shaw Contract Group Australia, the exclusive distributor and sales organization for Shaw commercial products in Australia.
Consumer Confidence Surges Higher
New York, NY, Aug. 25, 2009--Consumer sentiment rose more than expected in August, an indication that Americans' pessimism about the economy may be lifting.
Milliken Eliminating All Paper Order Confirmations
Spartanburg, SC, Aug. 25, 2009--Milliken Floor Covering said it will eliminate all paper acknowledgements of orders effective Aug. 31.
Moyer Returns To Balta as President
Dalton, GA, Aug. 25, 2005--Patrick Moyer is returning to his former position as president at Balta U.S. after a three-year absence.
CFI Holds 16th Annual Conference
Kansas City, MO, Aug. 25, 2009--Certified Floorcovering Installers held its 16th annual conference Aug. 20 – 22.