Mortgage Rates Fall Again
Washington, DC, March 3, 2011 -- The average rate for a 30-year fixed mortgage dropped this week, Freddie Mac said.
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.
Peru Admits to Illegal Mahogany Harvesting
Lima, Peru, March 3, 2011 -- Peru’s government has admitted that 70-90% of its mahogany exports were illegally harvested, according to a story by London-based Survival International.
Lyptus Most Preferred Hardwood in Study
Federal Way, WA, March 2, 2011 -- Weyerhaeuser's Lyptus hardwood came out on top as the species of choice in a 2010 study that evaluated consumers' preferences between select hardwoods.
ADP Report Shows Strengthening Jobs Market
Roseland, NJ, March 2, 2011 -- Nonfarm payrolls rose by a net 217,000 in February, according to the ADP Employment Report.
Retail Sales Continue Momentum in February
New York, NY, March 2, 2011 -- Retail sales in February rose in most categories, according to figures released by MasterCard Advisors' SpendingPulse.
Shaw Plant Wins California Environmental Award
Dalton, GA, March 2, 2011 -- The California Water Environment Association has named Shaw Industries' Santa Fe Springs, California plant “Facility of the Year.”
Planned Layoffs Hit 11 Month High in February
Chicago, IL, March 2, 2011 -- The number of planned layoffs at U.S. firms rose in February to its highest level in 11 months, according to consultants Challenger, Gray & Christmas, Inc.
Gallup Says Rising Gas Prices Hurt Sentiment
Princeton, NJ, March 2, 2011 -- Americans have become much less confident in the U.S. economy over the past two weeks, according to the Gallup organization.
Sphinx Wins Two Advertising Awards
Dalton, GA, March 2, 2011 -- Sphinx by Oriental Weavers won two awards at the 2011 American Advertising Federation ADDY Awards Banquet.
Homebuilder Hovnanian Swings To Loss
Red Bank, NJ, March 2, 2011 -- Homebuilder Hovnanian Enterprises said it lost $64.1 million, or $0.82 a share, for the three months ended Jan. 31.