May Job Growth Maintains Moderate Pace
Washington, DC, June 7, 2013 -- The economy added 175,000 jobs in May but the unemployment percentage ticked up, 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.
Persian Rug Sells for Record $33.7 Million
New York, NY, June 7, 2013 -- A Persian rug from the early 1600s sold for $33.7 million at Sotheby's in New York City.
SCS Certified Flooring on Diplay at NeoCon
Chicago, IL, June 7, 2013 - Sixty exhibitors at NeoCon next week will be showcasing products with environmental and sustainability achievements certified by SCS Global Services.
Job Cuts Down in April, Plunge from 2012 Level
Chicago, IL, June 6, 2013 – Monthly job cuts declined for the third consecutive month in May, according to outplacement firm Challenger, Gray & Christmas.
Improving Housing Markets List Expands in June
Washington, DC, June 6, 2013 -- The number of U.S. housing markets on the mend rose by five to a total of 263 in June, according to the National Association of Home Builders/First American Improving Markets Index.
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.
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.