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 Applications Fell 4% Last Week

Mortgage Applications Fell 4% Last Week

Washington, DC, August 18, 2016—Mortgage applications decreased 4.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 12.

Lowe's Q2 Sales Rose 5.3%, Earnings Rose 3.7%

Lowe's Q2 Sales Rose 5.3%, Earnings Rose 3.7%

Mooresville, NC, Aug. 17, 2016—Lowe’s Companies has reported net earnings of $1.2 billion for the quarter ended July 29, a 3.7% increase over the same period a year ago. Diluted earnings per share increased 9.2% to $1.31 from $1.20 in the second quarter o

Housing Starts Rose 2.1% in July

Housing Starts Rose 2.1% in July

Washington, DC, August 16, 2016—Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,211,000, 2.1% above the revised June estimate of 1,186,000 and 5.6% above the July 2015 rate of 1,147,000, reports the Commerce Departmen

Consumer Prices Held Steady in July

Consumer Prices Held Steady in July

Washington, DC, August 16, 2016—The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported.