Initial Jobless Claims Back Over 400,000
Washington, DC, Feb. 17, 2011 -- Initial jobless claims rose slightly more than expected last week, the Labor Department said Thursday.
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.
Leading Indicators Signal Continued Expansion
New York, NY, Feb. 17, 2011 -- The Conference Board Leading Economic Index edged up 0.1% in January to 112.3, following a revised 0.8% increase in December, and a 1.1% increase in November.
CARE Holding Webinar on California Recycling
Dalton, GA, Feb. 17, 2011 -- Carpet America Recovery Effort will hold a webinar for retailers on California's new carpet recycling regulations on March 22 at 2 p.m.
Firm Says NAR Consistently Overstates Sales
New York, NY, Feb. 17, 2010 -- The National Association of Realtors has overstated home sales for 10 years and last year overestimated sales by 15 to 20 percent, according to CoreLogic.
Foreclosure Percentage at Record in Q4
Washington, DC, Feb. 17, 2011 -- The percentage of mortgages in foreclosure tied a record high in the fourth quarter of 2010, the Mortgage Bankers Association reported.
CRI Signs 1,000th Participant in Program
Dalton, GA, Feb. 17, 2011 -- The Carpet and Rug Institute said that it has signed its 1,000th participant in its Seal of Approval Service Providers Program.
Consumer Prices Rise on Higher Food, Energy
Washington, DC, Feb. 17, 2011 -- U.S. consumer prices rose 0.4% in January, the Labor Department reported, due to higher food and energy expenses.
Hardwood Waste in New Consumer Heat Source
St. Louis, MO, Feb. 16, 2011 -- Hardwood flooring manufacturers have found a way to make their waste materials such as chips and sawdust into a heating source for consumers.
Downpayment Requirements Rise Since Crash
New York, NY, Feb. 16, 2011 -- Down payment requirements by banks to buy homes have increased substantially since the housing crash, forcing many people to rethink what they can afford, according to the Wall Street Journal.
Housing Starts Surge in January
Washington, DC, Feb. 16, 2011 -- New housing starts rose to their highest level in four months in January, the Commerce Department estimated Wednesday.