Construction Spending Falls More Than Expected
Washington, DC, Dec. 1, 2008--U.S. construction spending fell 1.2 percent in October after the prior month was revised to unchanged, a Commerce Department report showed on Monday.
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, Dec. 1, 2008--U.S. construction spending fell 1.2 percent in October after the prior month was revised to unchanged, a Commerce Department report showed on Monday.
Las Vegas, NV, Dec. 1, 2008--The Las Vegas Design Center will host “Sustainable Footprints” on Wednesday, Dec. 10. It's open to trade professionals and connoisseurs of design.
Calhoun, GA, Nov. 25, 2008--Flooring company Home Legend Inc. of Chino, Calif. is moving its corporate decision-making offices from California to Calhoun, Ga.
Anderson, SC, Nov. 26, 2008--Rug manufacturer Orian Rugs was recently presented with two awards related to its manufacturing practices at its headquarters.
Washington, DC, Nov. 26, 2008--Mortgage applications rose a seasonally adjusted 1.5% last week, due to a bump in loans sought for home purchases, the Mortgage Bankers Association reported on Wednesday.
Stuart, VA, Nov. 26, 2008--Stuart Flooring Corp., a manufacturer of unfinished hardwood strip flooring, eliminated 60 jobs last week, according to the Martinsville Bulletin newspaper.
Washington, DC, Nov. 26, 2008--Initial jobless claims fell back in the latest week, the Labor Department said Wednesday, but remained above 500,000.
Washington, DC, Nov. 26, 2008--U.S. mortgage rates dropped by the most in at least seven years as a Federal Reserve pledge to buy $600 billion of debt succeeded where seven cuts in the central bank’s benchmark rate had failed.
Washington, DC, Nov. 26, 2008--Sales of new homes fell an estimated 5.3% in October to a seasonally adjusted annual rate of 433,000, the lowest level since 1991, the Commerce Department reported Wednesday.
Ann Arbor, MI, Nov. 26, 2008--U.S. consumer sentiment fell to a 28-year low in November.