Mortgage Application Volume Rose Last Week
Washington, DC, July 2, 2008--Mortgage application volume rose 3.6 percent during the week ended June 27, according to the Mortgage Bankers Association's weekly application survey.
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.
Armstrong Raises Hardwood Prices
Lancaster, PA, July 1, 2008 – Armstrong has raised prices on select Armstrong and Bruce hardwood products, effective immediately.
Monster Employment Index Falls in June
New York, NY, July 2, 2008-- The Monster Employment Index fell three points in June.
EPA To Study Formaldehyde Use in Pressed Wood
Washington, DC, July 2, 2008--The EPA said it plans to study the potential health risks of the use of formaldehyde pressed wood products.
Trinity Carpet Brokers Files for Bankruptcy
Milwaukee, WI, July 2, 2008-- Trinity Carpet Brokers, a major regional supplier of carpet and flooring, filed for Chapter 11 bankruptcyin late June.
Mannington Names New Ceramic Business Director
Salem, NJ, July 1, 2008-- Mannington Mills has named Jim Dougherty director of ceramic business.
Unilin Website Tells Who's Licensing Technology
Bertrange, Luxembourg, July 1, 2008--Flooring Industries, the intellectual property holding of the Unilin group, has remodeled its website.
Wear-Dated Promotion Has Sales Incentives
Kennesaw, GA, July 2, 2008--Wear-Dated has a promotion in July and August on six Flooring America carpet styles made with Wear-Dated carpet fiber.
Chain Store Sales Higher Than Last Year
New York, NY, July 1,2008--Redbook Research on Tuesday said chain store sales were up 2.9 percent at the end of June compared to a year ago, likely the result of the stimulus payment checks.
Construction Spending Overall Better Than Expected
Washington, DC, July 1,2008--Spending on U.S. construction projects fell a less than expected 0.4 percent in May.