Distressed Homes Make Up 26% of Sales
Irvine, CA, May 31, 2012 -- Distressed homes accounted for more than 25% of home sales during the first three months of the year, according to tracking firm RealtyTrac.
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.
Carlisle Offers Financing for Professionals
Stoddard, NH, May 31, 2012 -- Carlisle Wide Plank Floors said it is offering an enhanced credit program for design and construction industry professionals.
Jobless Applications Rise Last Week
Washington, DC, May 31, 2012 -- Initial applications for unemployment benefits rose last week to the highest level in more than a month, according to the Labor Department.
Companies Add More Jobs in May than April
Roseland, NJ, May 31, 2012 -- Companies in the U.S. added 133,000 jobs in May, according to the ADP employment report.
First Quarter GDP Revised Down
Washington, DC, May 31, 2012 -- The U.S. economy grew less in the first quarter than initially estimated, according to the Commerce Department.
Announced Job Cuts Hit Eight-Month High
Chicago, IL, May 31, 2012 -- Announced job cuts in the U.S. hit an eight-month high in May, according to outplacement firm Challenger, Gray & Christmas.
Chicago Businesses Grow at Slower Pace in May
Chicago, IL, May 31, 2012 -- Business conditions in the Chicago region fell in May, according to the Chicago Purchasing Managers.
Pending Home Sales Up Sharply Over 2011
Washington, DC, May 30, 2012 -- Pending home sales retrenched in April following three consecutive monthly gains, but are notably higher than a year ago, according to the National Association of Realtors.
UTT, Signature Win Soybean Use Awards
Dalton, GA, May 30, 2012 -- The United Soybean Board recently recognized the partners in Project Yellowstone by granting them the “Excellence in New Uses” award for 2012.
Oil Prices Continue Downward Trend
New York, NY, May 30, 2012 -- Oil prices fell below $90 a barrel Wednesday on concerns over European financial turmoil.