GDP Unexpectedly Contracts in the Fourth Quarter
Washington, DC, Jan. 30, 2013 -- Gross domestic product unexpectedly contracted in the fourth quarter, according to the Commerce 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.
Firm Develops Fuel-Cell Powered Scrubber
Plymouth, MN, Jan. 30, 2013 -- Floor cleaning equipment firm Nilfisk-Advance Group has rolled out what it calls the first fuel cell-powered industrial combination sweeper-scrubber.
Senate Wants To Extend HARP Program
Washington, DC, Jan. 30, 2013 -- Senate Democrats want to extend a government program to help homeowners with government-backed mortgages to refinance, Reuters reported.
Mortgage Applications Fall on Higher Rates
Washington, DC, Jan. 30, 2013 -- Mortgage application volume declined last week as interest rates rose, according to the Mortgage Bankers Association.
NeoCon Set for June 10-12 in Chicago
Chicago, IL, Jan. 30, 2013 -- The 45th annual NeoCon show will be held in Chicago at the Merchandise Mart June 10-12.
BPS Facility Earns Gold Rating from USGBC
City of Industry, CA, Jan. 29, 2013 -- Bentley Prince Street said it has become the first carpet manufacturing facility in the country to receive a gold rating from the U.S. Green Building Council.
Annual Home Prices Increase Most Since 2006
New York, NY, Jan. 29, 2013 -- Single-family home prices rose in November and year-over-year prices were up the most since 2006, according to the S&P/Case Shiller composite index.
Consumer Confidence Falls in January
Washington, DC, Jan. 29, 2013 -- Consumer confidence in January fell more than forecast, according to the Conference Board.
Builder Horton Says Profit More Than Doubled
Fort Worth, TX, Jan. 29, 2013 -- Home builder D.R. Horton said its quarterly profit more than doubled amid higher closings and orders.
Fitch Rates Proposed Mohawk Offering at BBB
New York, NY, Jan. 29, 2013 -- Fitch Ratings has assigned a 'BBB-' rating to Mohawk Industries' proposed offering of senior unsecured notes due 2023.