Mohawk Group Launches iPad App
Marietta, GA, Feb. 28, 2012 -— The Mohawk Group said it is the first in the commercial flooring industry to launch a customized iPad app.
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.
House Prices Continue To Fall in December
New York, NY, Feb. 28, 2012 -- U.S. home prices in December fell to their lowest level since the housing crisis, according to the S&P/Case-Shiller 20-city composite index.
Durable Goods Orders at Three-Year Low
Washington, DC, Feb. 28, 2012 -- Orders for durable goods fell in January by the most in three years, the Commerce Department said.
Domotex Russia Set for September in Moscow
Moscow, Russia, Feb. 28, 2012 -- Deutsche Messe will be holding its first trade fair for carpets and floor coverings in Moscow Sept. 26-28.
WFCA President D. Christopher Davis Dies
Anaheim, CA, Feb. 24, 2012 -- World Floor Covering Association President and CEO D. Christopher Davis died Feb. 22.
Armstrong Reports Fourth Quarter Profit
Lancaster, PA, Feb. 27, 2012 -- Armstrong World Industries reported fourth quarter net income of $8.5 million, compared to a net loss the previous year of $21 million.
Pending Home Sales Near Two-Year High
Washington, DC, Feb. 27, 2012 -- Pending home sales rose 2% in January to the highest level since April 2010, according to the National Association of Realtors.
Lowe's Reports Higher Quarterly Income, Sales
Mooresville, NC, Feb. 27, 2012 -- Lowe's reported net earnings of $322 million for the quarter ended Feb. 3, a 13.0% increase over the same period a year ago.
Buffett Says Housing Still in 'Depression'
Omaha, NE, Feb. 27, 2012 -- Berkshire Hathaway CEO Warren Buffett admitted that his predictions for a housing recovery were premature.
Business Economists Raise 2012 Forecasts
Washington, DC, Feb. 27, 2012 -- Economic forecasters have raised their expectations for employment, home construction and business spending this year, according to the National Association for Business Economics.