Consumer Sentiment Declines in Early March
Ann Arbor, MI, March 15, 2013 -- The University of Michigan-Thomson Reuters consumer-sentiment reading fell to a preliminary March reading of 71.8, the lowest level since December 2011.
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.
Regulations Still a Problem for Builders: NAHB
Washington, DC, March 14, 2013 -- Federal agencies are circumventing the intent and the letter of a law to make the regulatory process more cost effective and less burdensome for small businesses, the a builders' group said.
Nourison Displays Coincide with Fashions Market
New York, NY, March 15, 2013 -- Nourison is kicking off the New York Home Fashions Market with two window displays at its showroom in Manhattan.
Scott Humphrey Tapped to Lead WFCA
Anaheim, CA, March 13, 2013--Scott Humphrey has been named as the new president and CEO of the World Floor Covering Association, effective April 1.
Foreclosure Starts Rise, Repossessions Plunge
Irvine, CA, March 14, 2013 -- Foreclosure starts increased in February although repossessions plunged 29% from a year earlier to the lowest level since 2007, according to tracking firm RealtyTrac.
Initial Jobless Claims Fall Again
Washington, DC, March 14, 2013 -- Initial jobless claims dropped again last week, to 332,000, according to the Labor Department.
Mortgage Application Volume Falls as Rates Rise
Washington, DC, March 14, 2013 -- Mortgage application volume last week fell 4.3% as interest rates increased, the Mortgage Bankers Association said.
Gasoline Pushes Wholesale Prices Higher
Washington, DC, March 14, 2013 -- Wholesale inflation in February rose by the most in five months mostly due to a spike in gasoline prices, according to the Labor Department.
Retail Sales Up In February
Washington, DC, March 13, 2013--The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for February were $421.4 billion, an increase of 1.1% from the previous month and 4.6% above February 2012.
COI's Piazza Ceramica to Return To Coverings
New York, NY, March 13, 2013--The Ceramics of Italy pavilion "Piazza Ceramica" will once again return to Coverings 2013 at the Georgia World Congress Center in Atlanta, Georgia from April 29 to May 2.