Jobless Claims Fall Last Week
Washington, DC, June 6, 2013 -- Initial claims for new unemployment benefits fell by 11,000 to 346,000 in the week ended June 1, according to the Labor Department.
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.
WFCA Wins Golden Thinker PR Award
Anaheim, CA, June 6, 2013 -- The World Floor Covering Association has again been awarded the Golden Thinker Award from North American Precis Syndicate.
Tile Shop Stockholders Selling 4.25 Million Shares
Plymouth, MN, June 6, 2013 -- Tile Shop Holdings, a specialty retailer of manufactured and natural stone tiles, said that some of its stockholders are selling a total of 4.25 million shares of common stock.
Mortgage Rates Rise Fifth Straight Week
Washington, DC, June 6, 2013 -- The 30-year fixed-rate mortgage rose for the fifth consecutive week, averaging 3.91% in the week ending June 6, up from 3.81% the prior week, Freddie Mac said Thursday.
Home Prices Rise Most in Over Seven Years
New York, NY, June 5, 2013 -- Home prices recorded their largest year-over-year gain in more than seven years in April, according to real estate information firm CoreLogic.
Mohawk, Unilin Raising Wood Flooring Prices
Dallas, TX, June 5, 2013 – Both Mohawk Industries and its Unilin division said they will raise prices up to 7% solid and engineered hardwood flooring, effective Aug. 5.
Kaleen Rugs Names Dennard Senior VP Sales
Dalton, GA, June 5, 2013 -- Kaleen Rugs has named former employee Blake Dennard senior vice president.
Private Employers Add 135,000 Jobs in May
Roseland, NJ, June 5, 2013 -- Private employers added 135,000 jobs in May, private payroll processor ADP said Wednesday.
Home Refinancing Plunges on Higher Rates
Washington, DC, June 5, 2013 -- Mortgage application volume fell 11.5% last week as mortgage rates rose, according to the Mortgage Bankers Association.
Services Sector Improves More Than Expected
Tempe, AZ, June 5, 2013 -- The ISM Services Index rose more than expected to 53.7 in May from 53.1 in April.