Mortgage Rates Hit New Record Low
Washington, DC, Oct. 5, 2012 -- Mortgage rates hit a new record low again after the Federal Reserve's latest action.
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.
Optical Fibers in Carpet Could Warn Seniors
Manchester, England, Oct. 5, 2012 -- Researchers say it's possible to use plastic optical fibers in carpeting to warn seniors when their walking patterns might put them in danger of falling, according to a HealthDay News story.
Planned Job Cuts Way Down from Year Ago
Chicago, IL, Oct. 4, 2012 -- U.S. employers said they plan to cut 33,816 jobs in September, up 4.9% from 32,229 in August, according to outplacement firm Challenger, Gray & Christmas.
NWFA Releases Education Schedule
St. Louis, MO, Oct. 4, 2012 -- The National Wood Flooring Association has revamped its technical education curriculum and has announced its 2013 schedule.
Initial Jobless Claims Edge Higher Last Week
Washington, DC, Oct. 5, 2012 -- Initial claims for unemployment benefits edged up last week, according to the Labor Department.
Factory Orders Decline in August
Washington, DC, Oct. 4, 2012 -- U.S. factory orders fell less than expected in August, according to the Commerce Department.
Bamboo Hardwoods Signs T&L Distributing
Seattle, WA, Oct. 5, 2012 -- Bamboo Hardwoods said it has signed a distribution agreement with T&L Distributing to cover Louisiana, Texas, Arkansas, New Mexico, Mississippi and Oklahoma.
Credit Card Delinquencies Lowest Since 2001
Washington, DC, Oct. 4, 2012 -- Bank-issued credit card delinquencies dropped to the lowest level since 2001 during the second quarter, according to a report from the American Bankers Association.
September Retail Sales Below Estimates
New York, NY, Oct. 5, 2012 -- U.S. retailers’ September comparable store sales edged up 0.8%, below the 1.6% average estimate of analysts surveyed by Thomson Reuters.
Karastan Holding Fall Sales Event
Dalton, GA, Oct. 5, 2012 -- Karastan said it is extending a consumer rebate offer to entice luxury buyers to purchase floor covering this fall.