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.
Washington, DC, Feb. 12, 2009--The Obama administration’s housing plan will reportedly use government funds to help reduce interest rates, while asking lawmakers to approve more ways to modify mortgages, according to a knowledgeable source.
Ann Arbor, MI, Feb. 13, 2009--Consumer confidence fell in early February, according to the Reuters/University of Michigan preliminary index of consumer sentiment.
Washington, DC, Feb. 13, 2009--The stimulus plan will take time to have an impact, and unemployment is likely to keep rising for months, some economists say.
Chatsworth, CA, Feb. 12, 2009--A financially troubled California flooring installation company owned by local developer Gadi Leshem is closing all but two of its facilities.
Lancaster, PA, Feb. 13, 2009--Lancaster-based Armstrong World Industries said that is will cut between 500 to 600 jobs in North America in the next three months.
LaGrange, GA, Feb. 12, 2009--InterfaceFlor is expanding its presence in the Middle East and aiming for LEED Gold certification for its new regional office in Dubai.
Washington, DC, Feb. 12, 2009--Most metropolitan area median home prices, impacted by distressed sales, trended down in the fourth quarter from a year earlier.
Washington, DC, Feb. 12, 2009--U.S. retail sales unexpectedly rose in January, halting a record six-month slide, reflecting higher gasoline prices and more spending on items such as clothing and food.
Dalton, GA, Feb. 11, 2009--Mohawk Industries has been named as one of Training Magazine’s “Top 125” training organizations again for 2009.
Washington, DC, Feb. 12, 2009--The compromise stimulus package will include $6 billion for school repair and modernization, according to the Associated Press .