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.
Washington, DC, May 28, 2009--Mortgage application volume last week fell a seasonally-adjusted 14.2% compared with the week before, as rates on 30-year fixed-rate mortgages ticked up, according to the Mortgage Bankers Association.
Washington, DC, May 27, 2009--Over 90 percent of economists predict the U.S. recession will end this year, although the recovery is likely to be rocky.
Washington, DC, May 27, 2009--Consumer confidence jumped in May by the most in six years, fueling speculation the economy will recover later this year.
Chattanooga, TN, May 27, 2009--Davis & Davis Rugs, Inc. said it has completed the acquisition of all the assets of Calhoun, Ga.-based Glen Eden Wool Carpet Inc.
Washington, DC, May 27, 2009--Home resales rose 2.9% to a seasonally adjusted annual rate of 4.68 million in April, according to the National Association of Realtors.
Dalton, GA, May 27, 2009--For the third consecutive year, Shaw Hospitality Group won top honors in the International Interior Design Association Hospitality Product Design Awards at Hospitality Design Expo.
Lancaster, PA, May 28, 2009--Armstrong is beginning a national consumer advertising campaign for its wood and laminate flooring.
Darien, CT, May 27, 2009--Starnet Worldwide Commercial Flooring Partnership has named the recipients of the 2008 Starnet/CARE (Carpet America Recovery Effort) Carpet Reclamation Awards.
London, England, May 27, 2009--British tile and wood flooring retailer Topps Tiles said its rate of sales decline slowed in the early weeks of the second half of its fiscal year.
New York, NY, May 27, 2009--Oil prices rose to six-month highs Wednesday as an increase in U.S. consumer confidence fueled optimism that the world's largest consumer of oil is emerging from a severe recession.