Prominent Economist Says Housing Has Bottomed
Washington, DC, April 25, 2012 -- Mark Zandi, chief economist for Moody's Analytics Inc., told Bloomberg News that the U.S. housing market has finally hit bottom.
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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.
Durable Goods Orders Fall in March
Washington, DC, April 25, 2012 -- Durable goods orders fell sharply in March, largely because of less demand for commercial aircraft, the Commerce Department reported Wednesday.
Mortgage Purchase Applications Rise
Washington, DC, April 25, 2012 -- Mortgage application volume fell last week as interest in refinancing declined, but demand for new purchases improved, the Mortgage Bankers Association said.
IVC Using Solar Charged Lift Trucks
Dalton, GA, April 25, 2012 -– The IVC US distribution facility in Dalton has added eight electric powered lift trucks.
March New Home Sales Higher Than Forecast
Washington, DC, April 24, 2012 -- Sales of new single-family homes in March were higher than forecast although they fell to their lowest level in four months, according to Commerce Department figures.
Consumer Confidence Barely Changes in April
New York, NY, April 24, 2012 -- Consumer confidence in the U.S. was little changed in April, according to the Conference Board.
Home Prices Continue To Fall in February
New York, NY, April 24, 2012 -- U.S. home prices fell sharply in February to hit the worst level in nearly a decade, according to the S&P/Case-Shiller 20-city composite index.
Harris Wood Certified as 'Made in USA'
Boca Raton, FL, April 24, 2012 - Hardwood flooring firm Harris Wood said it has gained accreditation as a "Made in USA" brand.
Tennant Reports Lower Earnings on Higher Sales
Minneapolis, MN, April 24, 2012 -- Tennant Company reported net earnings of $5.3 million, or $0.28 per share, on net sales of $173.7 million for the first quarter ended March 31.
UK's Allied Carpets Sold to Floors-2-Go
London, England, April 24, 2012 -- What's left of Allied Carpets has been sold to Floors-2-Go after the firm fell into administration for the third time in three years.