Home Buyer Tax Credit Expansion Goes to Obama
Washington, DC, Nov. 6, 2009--The U.S. House of Representatives on Thursday approved an extension of jobless benefits and a tax credit for home buyers.
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.
Home Sellers Continue To Reduce Listing Prices
Emeryville, CA, Nov. 6, 2009--More than four of every 10 homes listed for sale in 27 major U.S. housing markets reduced their listing prices in October.
Southwind Puts UTT Backing in Residential Carpet
Dalton, GA, Nov. 6, 2009--Southwind Carpet Mills said it's now using sustainable backing from Universal Textile Technologies in a residential carpet.
DCS Partnership Conference Has Two Networks
Sausalito, CA, Nov. 6, 2009--DCS Partnership Group has announced that its annual conference will integrate its Bridgeway Interactive builder channel network with its Creating Your Space retail channel network.
Fewer Jobs Lost in October, ADP Report Says
Roseland, NJ, Nov. 5, 2009--According to the ADP employment report, payrolls declined 203,000 in October compared to a decline of 227,000 in September.
CARE Re-Elects Hurd Chairman of Board
Dalton, GA, Nov. 5, 2009--The Carpet America Recovery Effort (CARE) said that Frank Hurd has been re-elected as chairman of the board.
Construction Firm Skanska Sees Improving U.S.
Stockholm, Sweden, Nov. 5, 2009--Swedish construction company Skanska AB Thursday said economic conditions seem to be improving even though sales in some of its key markets will continue falling in 2010.
Fed Not Likely To Raise Rates Soon
Washington, DC, Nov. 5, 2009--Federal Reserve officials gave no indication that it will raise interest rates anytime soon, saying an increase will depend on when the labor market and inflation pick up.
Jobless Claims Fall, Productivity at 6-Year High
Washington, DC, Nov. 5, 2009--Initial jobless claims fell by 20,000 to a seasonally adjusted 512,000 in the week ending Oct. 31, the Labor Department reported Thursday.
Survey Sees Commercial Real Estate Bottom in 2010
Washington, DC, Nov. 5, 2009--The U.S. commercial real estate market is likely to hit bottom in 2010, according to a survey of industry investors, developers, lenders and consultants.