May New Home Sales Higher Than Expected
Washington, DC, June 25, 2012 -- Sales of new single-family homes rose more than expected to an annual rate of 369,000 in May.
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.
B Carpet Forms Burtco Research Institute
Dalton, GA, June 25, 2012 -- B Carpet, maker of custom flooring designed for the hospitality industry, said it has formed the non-profit Burtco Research Institute.
Shaw Details Plans for Next Network Convention
Dalton, GA, June 25, 2012 -- Shaw Floors has announced plans for the InSight 2013 Shaw Flooring Network Convention, Jan. 20 – 23 in Orlando.
Mercier Signs Distributor for Western U.S.
Montmagny, Quebec, Canada, June 25, 2012 -- Mercier Wood Flooring Inc. has signed Professional Flooring Supply to distribute its products in the western and southwestern U.S.
Karastan Rugs Used in Design Star Program
Dalton, GA, June 25, 2012 -- Three Karastan rugs were selected by the creative finalists for season seven of HGTV Design Star.
Dal-Tile Mexico Operation Recognized
Dallas, TX, June 25, 2012 -- Expansión Magazine has recognized Dal-Tile Mexico, Monterrey, as a Top Company 2012 “The Place Where Everyone Wants to Work” in the category of companies with more than 3,000 employees.
Flooring Gallery Closes Seven Iowa Stores
Des Moines, IA, June 22, 2012 -- Flooring Gallery abruptly closed its seven Iowa locations this week, according to the DesMoines Register.
Oil Prices Continue Downward Trend
Washington, DC, June 22, 2012 -- Oil prices hovered near $78 a barrel Friday as markets remain jittery about economic conditions.
NAHB Says Student Loan Debt Fueled Housing Slump
Washington, DC, June 22, 2012 -- New analysis of government data by the National Association of Home Builders reveals a connection between rising student loan debt and the onset of the housing slump, the group said.
Mortgage Rates Hit Another Record Low
Washington, DC, June 22, 2012 -- The interest rate on a 30-year, fixed-rate mortgage reached a new low this week, according to a weekly survey of rates from Freddie Mac.