Personal Spending, Income Rise in June
Washington, DC, Aug. 1, 2014 -- Consumer spending increased modestly in June, according to Commerce Department statistics.
Today's Flooring News
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Planned Job Cuts Grow Due To Tech Layoffs
Chicago, IL, July 31, 2014 -- Announced job cuts by U.S. employers in July totaled 46,887, according to outplacement firm Challenger, Gray & Christmas.
Unemployment Claims Rise Last Week
Washington, DC, July 31, 2014 -- Initial jobless claims jumped last week after falling to a 14-year low the week before.
NAHB Announces Green Awards Program
Washington, DC, July 31 -- The National Association of Home Builders has announced its new integrated Green Awards program.
Chicago Area Manufacturing Expands at Slower Rate
Chicago, IL, July 31, 2014 -- The Chicago Purchasing Managers Index fell sharply in July to its lowest level in more than a year.
Quick-Step Unveils Proprietary Visualization Tool
Dallas, TX, July 31, 2014 -- Laminate maker Quick-Step has released a new proprietary digital shopping tool for consumers called “Style My Floor.”
Private Employers Add 218,000 Jobs in July
Roseland, NJ, July 30, 2014 -- Private employers hired 218,000 workers in July, according to the ADP National Employment Report.
Economy Grows More Than Expected in Q2
Washington, DC, July 30, 2014 -- Gross domestic product rose more than expected in the second quarter, according to the Commerce Department.
Lumber Liquidators Reports Lower Income
Toano, VA, July 30, 2014 -- Lumber Liquidators reported that second quarter net income decreased 18.7% to $16.6 million, or $0.60 per share, compared to $20.4 million, or $0.73 per share, a year ago.
Mortgage Applications Down on Lower Refinancing
Washington, DC, July 30, 2014 -- Mortgage application volume fell last week, according to the Mortgage Bankers Association.