NAFCD Names Lifetime Achievement Winners
Chicago, IL, Oct. 20, 2011 -- The North American Association of Floor Covering Distributors has named the recipients of the 2011 Lifetime Achievement Award.
Today's Flooring News
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Leading Economic Indicators Rise Again
New York, NY, Oct. 20, 2011 -- U.S. leading economic indicators rose 0.2% in September, according to the Conference Board.
Philadelphia Area Manufacturing Rebounds
Philadelphia, PA, Oct. 20, 2011 -- Manufacturing in the Philadelphia region rebounded in October, the Federal Reserve Bank of Philadelphia reported Thursday.
Moore Named CEO at B Carpet
Dalton, GA, Oct. 20, 2011 -- Elizabeth Moore has been named chief executive of B Carpet.
Existing Home Sales Decline in September
Washington, DC, Oct. 20, 2011 -- Existing home sales fell 3% in September, according to the National Association of Realtors.
Initial Jobless Claims Edge Lower
Washington, DC, Oct. 20, 2011 -- Initial claims for unemployment benefits fell last week but the level shows little improvement in overall employment.
NWFA Holding Open House in November
St. Louis, MO, Oct. 20, 2011 -- The National Wood Flooring Association will hold an open house Nov. 9-10, 2 p.m.-7 p.m. each day.
Mortgage Applications Down as Rates Rise
Washington, DC, Oct. 19, 2011 -- Mortgage application volume last week declined 15% from the prior week, the Mortgage Bankers Association said.
Housing Starts Up on Surge in Apartments
Washington, DC, Oct. 19, 2011 -- Housing starts in September rose at the fastest pace in 17 months, according to the Commerce Department.
Short Sales Rising as Alternative to Foreclosure
New York, NY, Oct. 19, 2011 -- Bloomberg News is reporting that U.S. home prices may get a boost from short sales, which is typically better for banks than pushing the properties all the way through foreclosure.