House Affordability Holds Steady in Quarter
Washington, DC, Feb. 21, 2014 -- Slightly lower median home prices along with a small uptick in mortgage rates contributed to housing affordability holding steady in the fourth quarter.
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.
NAFCD Conducting Member Survey
Chicago, IL, Feb. 21, 2014 -- The North American Association of Floor Covering Distributors is conducting a survey of its members to learn about their greatest needs, and to explore innovative ways to help members succeed.
'Truth About Trees' Presented at Surfaces
Memphis, TN, Feb. 21, 2014 -- The Hardwood Forest Foundation’s Truth About Trees program was presented at Surfaces for 50 local schoolchildren.
Interface Quarterly Income More Than Doubles
Atlanta, GA, Feb. 20, 2014 -- Interface said its fourth quarter net income was $15.3 million, or $0.23 per share, versus $7.4 million, or $0.11 per share, in the fourth quarter last year.
Armstrong Opens Vinyl R&D Center in China
Lancaster, PA, Feb. 20, 2014 -- Armstrong said it has opened a new commercial sheet flooring research and development center in Jiangsu Province, China.
Leading Economic Indicators Rise in January
Washington, DC, Feb. 20, 2014 -- The index of U.S. leading indicators rose 0.3 percent in January, according to the Conference Board.
Initial Jobless Claims Edge Lower Last Week
Washington, DC, Feb. 20, 2014 -- Initial jobless claims fell by 3,000 to 336,000 in the week ended Feb. 15, according to the Labor Department, keeping in line with economists' expectations.
Philadelphia Manufacturing Index Falls Sharply
Washington, DC, Feb. 20, 2014 -- The Philadelphia Fed's manufacturing index plunged to a reading of negative 6.3 in February from a 9.4 reading in January.
Consumer Prices Tick Higher in January
Washington, DC, Feb. 20, 2014 -- Consumer prices rose in January but inflation pressures remained tame, according to the Labor Department.
Dixie Group Swings to Profit on Surging Sales
Chattanooga, TN, Feb. 19, 2014 -- The Dixie Group reported fourth quarter sales of $95.8 million, up from $71.1 milion a year ago.