Housing Starts, Permits, Fall To New Lows
Washington, DC, Nov. 19, 2008-- Housing starts and permits, two key measurements of home construction, hit record lows in October, the Commerce Department reported Wednesday.
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.
Beaulieu's Nexterra Gets New Zealand Certification
Adairsville, GA, Nov. 19, 2008--Beaulieu Commercial's Nexterra Carpet Tile has been awarded the Environmental Choice Certification of New Zealand
AIA Billings Index Falls to Record Low
New York, NY, Oct. 19, 2008--The Architecture Buildings Index of U.S. nonresidential construction activity fell to the lowest level in its 13-year history.
Shaw To Contract Some Calhoun Plant Functions
Calhoun, GA, Nov. 18, 2008--Shaw Industries said Tuesday it will change production at a Calhoun plant, resulting in 125 job cuts, according to the Dalton Daily Citizen newspaper.
Mortgage Applications Fall Despite Lower Rates
Washington, DC, Nov. 19, 2008--Mortgage applications fell a seasonally adjusted 6.2% last week from the prior week, even as interest rates moved lower, according to the Mortgage Bankers Association.
Consumer Prices Fall by Record Amount in October
Washington, DC, Nov. 19, 2008--U.S. consumer prices fell by the steepest amount since records were tabulated in 1947, the Labor Department reported Wednesday.
Teragren Opens New Bamboo Plant in China
Bainbridge Island, WA, Nov. 19, 2008—Teragren , a leading manufacturer of bamboo flooring, panels and veneer, said it has opened a new manufacturing facility in China.
Green Building Market Projects To Triple by 2013
Boston, MA, Nov. 18, 2008--The U.S. green building market could triple to $96-$140 billion by 2013, according to a report by McGraw-Hill Construction.
Oil Prices Keep Falling, Near 22-Month Low
New York, NY, Nov. 19, 2008--Oil prices dipped below $54 to close to a 22-month low on fears of global economic weakness that have sent crude down more than 60 percent in four months.
Nourison Names Director of Furniture Store Sales
Saddlebrook, NJ, Nov. 19, 2008--Jeff Gonzalez has been named to the new post of director of furniture store sales for Nourison.