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.
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.
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.
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.
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.
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.
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.
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.
Washington, DC, Aug. 18, 2009--Housing starts edged lower in July following a surge in the previous month, according to the Commerce Department.
Washington, DC, Aug. 17, 2009--U.S. homebuilders were more confident in August than at any time in the past year.
Atlanta, GA, Aug. 18, 2009--Home Depot Inc. reported that its fiscal second-quarter profit fell 7 percent, as the home-improvement retailer shuttered its Expo business and continued to be squeezed by the recession.