Retail Sales in July Strongest Since March
Washington, DC, Aug. 12, 2011 -- Retail sales in July rose the most since March, according to the Commerce Department.
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.
Murfin Named President of IVC US
Dalton, GA, Aug. 12, 2011 -- IVC US has named Paul Murfin as president, effective Sept. 6.
Consumer Sentiment Falls in August
Ann Arbor, MI, Aug. 12, 2011 -- Thomson Reuters/University of Michigan gauge of consumer sentiment fell to 54.9 in August, the lowest level since May of 1980, from 63.7 in July.
Architect Barbie's New Home Features Bamboo
New York, NY, Aug. 12, 2011 -- Architect Barbie, the latest in Mattel's line of fashion dolls, has a new home that features bamboo flooring.
Senior Housing Builders Optimistic About Rentals
Washington, DC, Aug. 12, 2011 -- Builders in the 55+ housing market are significantly more optimistic about production and demand for multifamily rental units than they are for sales of single-family homes or multifamily condos.
A&M Carpet Released from Bankruptcy
Fresno, CA, Aug. 12, 2011 -- A&M Carpet Inc. has been released from Chapter 11 by a federal judge in Fresno, according to the Fresno Bee.
Dunlop Flooring Wins Australian Eco Product Award
Sydney, Australia, Aug. 12, 2011 -- Dunlop Flooring has won the Australian Business Award for “Best Eco-Friendly Product” for 2011 for its Dunlop Springtred carpet cushion.
Unemployment Applications Fall Below 400K
Washington, DC, Aug. 11. 2011 -- Initial applications for unemployment benefits fell last week below 400,000 for the first time in four months, according to the Labor Department.
Foreclosures Decline Again in July
Irvine, CA, Aug. 11, 2011 -- Foreclosures in the U.S. fell again in July, according to tracking firm RealtyTrac, as banks are taking a more cautious approach.
Government Wants Foreclosures To Be Rentals
Washington, DC, Aug. 11, 2011 -- The Obama administration wants to turn thousands of foreclosed properties owned by government-backed entities into rental homes, according to the Wall Street Journal.