FHA-Backed Mortgages Face Growing Problems
Washington, DC, July 9, 2012 -- The Federal Housing Administration may need a bailout as the loans it backs are increasingly falling into foreclosure or delinquency.
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.
Beaulieu's Bouckaert To Compete in Olympics
Dalton, GA, July 9, 2012 -- Carl Bouckaert, one of the founders and owners of carpetmaker Beaulieu, will be competing in the London 2012 Summer Olympic Games.
Economy Adds 80,000 Jobs in June
Washington, DC, July 6, 2012 -- The U.S. economy created 80,000 jobs in June, and the unemployment rate was unchanged at 8.2%, the Labor Department reported Friday.
NeoCon Draws More Than 40K Attendees
Chicago, IL, July 6, 2012 -- NeoCon 2012 drew 40,947 interior designers, architects, and trade professionals, organizers said.
Lauzon To Use Valinge Photocatalytic Process
Viken, Sweden, July 6, 2012 -- Välinge Photocat AB has signed an exclusive license agreement with Lauzon Hardwood Flooring Group for its photocatalytic process technology named ACTiO2.
Private Sector Job Growth Up Sharply in June
Roseland, NJ, July 5, 2012 -- Private-sector payrolls rose 176,000 in June, according to the monthly ADP Employment report.
Planned Job Cuts Plunge in June
Chicago, IL, July 5, 2012 -- Planned layoffs fell to a 13-month low in June, according to outplacement consulting firm Challenger, Gray & Christmas.
Jobless Claims Fall to Six-Week Low
Washington, DC, July 5, 2012 -- Initial jobless applications fell last week to the lowest level in a month and a half, according to the Labor Department.
Tile Council Releases New Installation Handbook
Jackson, MS, July 5, 2012 -- The Tile Council of North America has recently released the 2012 edition of its TCNA Handbook for Ceramic, Glass and Stone Tile Installation.
Apartment Vacancy Rates Lowest Since 2001
New York, NY, July, 5, 2012 -- Apartment vacancy rates hit their lowest point in more than a decade in the second quarter, according to research firm Reis.