GDP Revised Lower for Second Quarter
Washington, DC, Sept. 27, 2012 -- Economic growth in the second quarter was revised down to 1.3% from 1.7% in its final review.
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.
Durable Goods Orders Decline on Transportation
Washington, DC, Sept. 27, 2012 -- Durable goods orders fell 13.2% in August due mostly to significantly lower orders for cars and airplanes, according to the Commerce Department.
New LCA Standard in Public Comment Phase
Madison, WI, Sept. 27, 2012 -- Leonardo Academy is providing information about developments related to the drafting of a new national life cycle assessment standard under the American National Standard Institute process.
New Home Sales Dip but Prices Surge Higher
Washington, DC, Sept. 26, 2012 -- Sales of new single-family homes fell slightly in August to a 373,000 annual pace, the Commerce Department said.
Invista Rolling Out Value Stainmaster Line
Kennesaw, GA, Sept. 25, 2012 -- Invista is rolling out a new Stainmaster Essentials line consisting of lower cost polyester and nylon products.
Omnova Solutions Income Up on Sales Decline
Fairlawn, OH, Sept. 26, 2012 -- Omnova Solutions reported net income for the third quarter of $6.4 million, or $0.14 per diluted share.
NWFA Has Room for Exhibitors at Domotex
St. Louis, MO, Sept. 26, 2012 -- The National Wood Flooring Association said it will continue to have its presence at Domotex Hannover in January.
Tandus Products Win IIDEX Canada Gold Awards
Toronto, Ontario, Canada, Sept. 25, 2012 -- Tandus Flooring’s NeedleTech Collection won a Gold award at this year’s IIDEX Canada and was the only winner in the broadloom category.
Mortgage Applications Rise on Lower Rates
Washington, DC, Sept. 26, 2012 -- Mortgage application volume rose last week as interest rates dropped to record lows, according to the Mortgage Bankers Association.
Topps Tiles Says Will Meet Analysts' Estimates
London, England, Sept. 26, 2012 -- Topps Tiles expects pre-tax profit will hit analysts’ estimates, while full-year sales are likely to fall by 1%, according to Retail Week.