More Applications for Purchase Mortgages Filed
Washington, DC, July 5, 2012 -- Mortgage application volume fell last week even as demand for purchase mortgages rose, according to the Mortgage Bankers Association.
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.
Service Sector Expansion Slows
Tempe, AZ, July 5, 2012 -- Service industries in the U.S. expanded in June at the slowest rate since January 2010, according to the Institute for Supply Management.
BASF To Build Butadiene Plant in Belgium
Ludwigshafen, Germany, July 5, 2012 -- BASF said it plans to build a butadiene extraction plant at its Verbund site in Antwerp, Belgium.
Signature Commercial Is Newest Fuse Member
Aurora, CO, July 5, 2012 -- The Fuse Alliance said that Signature Commercial Floor Covering of Santa Ana, Calif. is its newest member.
Chapman Takes Helm as WFCA Chairman
Anaheim, CA, July 3, 2012 -- Harold Chapman became chairman of the board of the World Floor Covering Association effective July 1.
Factory Orders Up More Than Anticipated
Washington, DC, July 3, 3012 -- U.S. factory orders rose more than expected in May, according to the Commerce Department.
Housing, Construction Providing Economic Boost
New York, NY, July 3, 2012 -- The economy may be turning the corner thanks to renewed life in construction and housing.
Construction Spending Surges in May
Washington, DC, July 2, 2012 -- Construction spending rose a stronger-than-expected 0.9% in May, the Commerce Department said.
Stifel Lowers Flooring Estimates for Europe
New York, NY, July 2, 2012 -- Analyst Stifel Nicolaus said it is adjusting its estimates for flooring companies in light of deteriorating conditions in Europe.
Invista Offers Lifetime Stainmaster Warranty
Kennesaw, GA, July 2, 2012 -- Invista said it is now offering a lifetime warranty on all Stainmaster carpets, covering all food and beverage stains, soiling, static-shock and stains caused by pet urine.