Gore To Keynote Greenbuild Conference
Washington, DC, Aug. 20, 2009--The U.S. Green Building Council said that former Vice President Al Gore will be the opening keynote speaker for USGBC’s annual Greenbuild International Conference & Expo.
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.
Troubled Mortgages Highest Ever Recorded
Washington, DC, Aug. 20, 2009--Mortgages either in foreclosure or with at least one payment past due hit 13.16% in the second quarter, the highest percentage ever recorded by the Mortgage Bankers Association.
Pulte, Centex Shareholders Approve Merger
Bloomfield Hills, MI, Aug. 19, 2009--Shareholders of Pulte Homes Inc. and Centex Corp. approved the merger of their companies by wide margins, paving the way for the creation of the No. 1 U.S. home builder to overtake D.R. Horton Inc.
Architecture Billings Index Jumps Higher in July
Washington, DC, Aug. 19, 2009--The Architecture Billings Index, a leading indicator of U.S. nonresidential construction spending, rebounded in July but remains at a level that indicates depressed demand.
Chain Store Sales Equal Last Two Months
New York, NY, Aug. 18, 2009--Weekly chain store sales in the U.S. for the week that ended Aug. 15 were 0.6 percent lower than one year ago, but basically little changed from the past two months.
Forbo Sales Helped by Bonar Acquisition
Baar, Switzerland, Aug. 19, 2009--The Forbo Group said that the decline in sales that began in the last three months of 2008 continued in the first half of 2009.
Study Slams Economic Impact of Climate Bill
Washington, DC, Aug. 12, 2009—The National Association of Manufacturers and the American Council for Capital Formation released a study on the impact of The American Clean Energy and Security Act of 2009.
Buffett Says Economy on Path to Recovery
Washington, DC, Aug. 19, 2009--The U.S. economy appears to be on a slow path to recovery, Warren Buffett wrote in an opinion column in the New York Times.
Home Refinancing Rebounds as Rates Drop
Washington, DC, Aug. 19, 2009--Swings in mortgage rates over the past month have resulted in "seesaw-like activity" in the volume of refinancing applications, the Mortgage Bankers Association said Wednesday.
Overall Housing Starts Fall, But Single Family Up
Washington, DC, Aug. 18, 2009--Housing starts edged lower in July following a surge in the previous month, according to the Commerce Department.