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.

Retail Sales Surged in March to Record Gain

New York, NY, April 8, 2010--Retail sales at stores open at least a year surged last month to post the biggest single monthly gain on record, according to sales tracker Thomson Reuters.

Americans Still Hesitant To Increase Borrowing

Washington, DC, April 8, 2010--U.S. consumer credit fell more than anticipated in February, as Americans appear to be reluctant to increase debt without further improvement in the labor market.

Initial Jobless Claims Up Last Week

Washington, DC, April 8, 2010--Initial jobless claims rose 18,000 to a seasonally adjusted 460,000 in the week ended April 3, the Labor Department reported Thursday.

Mortgage Applications Fall on Higher Rates

Mortgage Applications Fall on Higher Rates

Washington, DC, April 7, 2010--Mortgage application volume in the U.S. declined last week as rising interest rates depressed refinancing, according to the Mortgage Bankers Association.