Lumber Liquidators Sees Net Income Surge
Toano, VA, Oct. 23, 2013 -- Lumber Liquidators reported that third quarter net income increased 58.4% to $20.4 million, or $0.73 per share from $12.9 million, or $0.46 per share, a year ago.
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.
House Prices Continue To Rise in August
Washington, DC, Oct. 23, 2013 -- U.S. house price appreciation continued in August, with prices rising 0.3% on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency.
Mortgage Application Volume Down
Washington, DC, Oct. 23, 2013 -- Mortgage application volume dropped slightly last week as decreased refinancing activity offset a slight rise in demand for purchase loans, according to the Mortgage Bankers Association.
Shaw on Selling Power Top 50 List
Dalton, GA, Oct. 23, 2013 -- Shaw Industries was number 15 on Selling Power's 2013 list of the top 50 companies to sell for.
Construction Spending Rises in August
Washington, DC, Oct. 22, 2013 -- Construction spending rose 0.6% in August, the Commerce Department reported Tuesday.
Economy Adds 148,000 Jobs in September
Washington, DC, Oct. 22, 2013 -- The U.S. economy added 148,000 jobs in September and the unemployment rate ticked down to 7.2%, according to a delayed report from the Labor Department.
Remodeling Seen Strong Through Mid-2014
Cambridge, MA, Oct. 22, 2013 -- The home remodeling market continues to improve, with strong gains expected for the remainder of 2013 and the beginning of 2014, according to the Leading Indicator of Remodeling Activity.
WFCA, CFI Partner in Training Programs
Anaheim, CA, Oct. 22, 2013 -– The World Floor Covering Association said it has launched the first nationwide flooring installation-training showcase with the Certified Flooring Installers Association.
Existing Home Sales Decline in September
Washington, DC, Oct. 21, 2013 -- Home resales fell a seasonally adjusted 1.9% in September due to higher prices and rising mortgage rates, the National Association of Realtors said.
Construction Starts Rise in September
New York, NY, Oct. 21, 2013 -- New construction starts in September advanced 13% to a seasonally adjusted annual rate of $556.0 billion, according to McGraw Hill Construction.