Initial Jobless Claims Fall More Than Expected
Washington, DC, June 19, 2008--Initial jobless claims fell last week, signaling that at least for now the softening in the labor market isn't getting worse, according to the Labor Department.
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.
Group Predicts 1.68B Meters in Laminate Sales
Dubai, United Arab Emirates, June 19, 2008--Escalating demand for laminate flooring from the residential, commercial and industrial sectors has ensured that the global laminate flooring market will reach 1.68 billion square meters by 2010.
Commercial Real Estate Activity Down
Washington, DC, June 18, 2008--Commercial real estate vacancies are trending up modestly, while investment has dropped sharply in the wake of the credit crunch.
Kurawood Supplying Wood for Floors-2-Go
London, England, June 19, 2008--Kurawood, the timber and wood products business, has picked up a series of orders from flooring specialist retailer Floors-2-Go Ltd.
NSF's New Flooring Standard in Draft Form
Ann Arbor, MI, June 19, 2008--Ann Arbor-based NSF International's new certification standard for sustainable flooring will let U.S. consumers evaluate claims of environmental friendliness from materials providers.
Wholesale Floors Gets $3.5 Million Investment
Phoenix, AZ, June 19, 2008--Wholesale Floors Inc., a Phoenix-area company specializing in commercial flooring for institutional and corporate clients, received a $3.5 million investment from Triangle Capital Corp.
AIA Billings Index Predicting Commercial Slowdown
Washington, DC, June 17, 2008--The American Institute of Architects said nonresidential construction billings continued to decline in May for the fourth straight month, showing continued weakness in nonresidential building.
Best of NeoCon Awards Given to Flooring Firms
Chicago, IL, June 13, 2008--Several flooring companies won Best of NeoCon awards this week at the annual trade show.
Mortgage Applications Fall on Less Refinancing
Washington, DC, June 18, 2008--Mortgage applications fell 8.7 percent last week as refinancing activity dropped 15 percent, according to the weekly Mortgage Bankers Association Survey.
Mohawk Now Offering Residential Carpet Tile
Dalton, GA, June 18, 2008--For the first time, Mohawk is offering carpet tile to Mohawk residential dealers.