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.

Mortgage Purchase Applications Up, Refinances Down

Washington, DC, February 23, 2006--The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending February 17. The Market Composite Index--a measure of mortgage loan application volume--was 578.5, an increase

Jobless Claims Drop 20,000

Washington, DC, February 23, 2006--First-time seasonally adjusted claims for state unemployment benefits dropped by 20,000 to 278,000 last week, reversing the prior week's gains, the Labor Department reported Thursday.

Pennsylvania Governor Hastens Redevelopment of Fo

Harrisburg, PA, February 22, 2006--Pennsylvania governor Edward G. Rendell today announced plans to help speed up the redevelopment of 47 acres at the former Armstrong World Industries manufacturing site in Lancaster.

Chain Store Sales Up Last Week

New York, NY, February 22, 2006--Chain store sales rose slightly in the latest week after dipping in the prior week due to pent-up demand, according to a report on Wednesday.

Omission in Congoleum Case Costs Advisory Firm $13

Trenton, NJ, February 22, 2006--U.S. Bankruptcy Court Judge Kathryn Ferguson has stripped a Washington, D.C., insurance recovery firm of $13 million in legal fees because it failed to disclose conflicts of interest while conducting bankruptcy work for Mer

ASID Foundation Fundraiser to Take Place at Interi

Washington, DC, February 22, 2006--"Jubilation: The ASID Foundation Fundraiser," will take place during INTERIORS 06: The ASID Conference on Design, in Nashville, Tenn., on Friday, March 17, at the Country Music Hall of Fame and Museum.

Consumer Prices Rose 0.7%

Washington, DC, February 22, 2006--Consumer prices increased a larger-than-expected 0.7% in January, led by higher energy, food and housing costs, according to the Labor Department.

Interface Adds 33,000 Tons of Carbon Offsets with

Atlanta, GA, February 22, 2006--Interface, announced that it is furthering its sustainability mission by adding an estimated 33,000 tons of emission reduction credits (ERCs) to its existing portfolio of projects to offset the carbon dioxide (CO2) emissio

Hovnanian Expects to Meet 1Q Guidance

Red Bank, NJ, February 22, 2006--Homebuilder Hovnanian Enterprises Inc., said its first-quarter net profit would meet or slightly exceed its previous forecasts of $1.10 per share to $1.25 per share.