Mortgage Applications Fall Despite Lower Rates
New York, Sept. 1--Applications for U.S. home mortgages fell for the second consecutive week despite a steady decline in fixed mortgage interest rates in August.
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.
Kansas City Mill Reclaims Barn Wood
Kansas City, KS, Sept. 1--Mark Callison is on a quest to save old wood. When the 30-year-old Mission Hills, Kan., man hears about a barn slated for demolition in the Midwest, he's there. Board by board, he and a crew of two others deconstruct about 20
RPM'S Tremco Completes Acquisition of Illbruck
Medina, OH, Sept. 1--RPM International’s wholly owned subsidiary, Tremco Incorporated, has completed the acquisition of privately owned Illbruck Sealant Systems.
July Personal Spending Rises 1%, Incomes Increase
Washington, DC, Sept. 1--U.S. personal spending rose 1 percent for a second month in July, as consumers jammed automobile dealer showrooms to take advantage of discounts, a government report showed.
Realtors Keep Busy Finding Space in Louisiana
Baton Rouge, LA, Sept. 1--Local real estate agents and business representatives are bracing themselves for the swell of semi-permanent residents and businesses as professionals buy houses and lease commercial office space for their displaced companies, ac
2Q GDP Revised Down to 3.3%
Washington, DC, August 31--Gross domestic product rose at a seasonally adjusted 3.3% annual rate April through June, the Commerce Department said in its first revision of economic growth for the quarter.
Home Depot Honors Faus Group, QEP with Annual Awar
Atlanta, GA, August 31--The Home Depot awarded Techtronic Industries Co. Ltd. Its annual innovation award while Faus Group Inc. received first runner-up honors for DuPont Real Touch Elite laminate flooring.
Chain Store Sales Fall Fourth Straight Week
Washington, DC, August 30--Sales at major U.S. retail chain stores fell 0.3% last week, the fourth decline in a row, the International Council of Shopping Centers said Tuesday.
Hurricane Katrina Destroys $1 Million Carpet
Point Clear, AL, August 31--In its 158-year history, the Grand Hotel has survived fires, floods, hurricanes and two rounds of duty as a military facility.
Anderson Expands Sales Force
Clinton, SC, August 31--Anderson Hardwood Floors added four new sales managers to provide access to new markets where there¹s room for significant growth.