Mortgage Applications Up on Lower Rates
Washington, DC, Sept. 25, 2013 -- Mortgage application volume last week grew 5.5% from the prior week as interest rates fell, the Mortgage Bankers Association said.
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.
CFI Presents Second Chris Davis Award
Kansas City, MO, Sept. 25, 2013 -- J. R. Harris, better known as “Junior” in the flooring industry with his big cowboy hat and boots, was honored as the second recipient of the Chris Davis Award for his numerous contributions to installation.
Durable Goods Orders Edge Up in August
Washington, DC, Sept. 25, 2013 -- Durable goods orders barely grew in August, the Commerce Department said.
Domotex Asia Exhibit Space 75% Sold
Shanghai, China, Sept. 25, 2013 -- Organizers of the Domotex Asia/CHINAFLOOR show say that 75% of the available exhibition space for next year's show is sold out.
Shaw Expanding Tennessee Wood Plant
South Pittsburg, TN, Sept. 24, 2013 -- Shaw Industries said it will invest at least $40 million and hire more than 25 new associates in South Pittsburg, Tenn., to meet the growing demand for its Epic engineered flooring.
House Prices Continue to Increase
New York, NY, Sept. 24, 2013 -- U.S. home prices rose 12.4 percent in July compared with a year ago, according to the Standard &Poor's/Case-Shiller 20-city home price index.
Consumer Confidence Edges Down in September
New York, NY, Sept. 24, 2013 -- Consumer confidence fell slightly in September from August, according to the Conference Board.
USFloors Wins Patent for 'Corboo' Flooring
Dalton, GA, Sept. 24, 2013 -- USFloors said it has received a patent for the company’s Corboo flooring.
'Made in America' Trend is Growing
New York, NY, Sept. 24, 2013 -- The 'Made in America' revival is growing, with a majority of manufacturing executives now ready to consider bringing some production back from China, CNN reported.
Builder Lennar Reports Surge in Income, Orders
Miami, FL, Sept. 24, 2013 -- Homebuilder Lennar Corp., reported that third quarter net income climbed to $120.7 million, or $0.54 share from $87.1 million, or $0.40 per share a year earlier.