Floor Folio Receives Approval to Provide CEUs
Edison, NJ, October 1, 2020—FloorFolio Industries receives approval to become an authorized provider of (CEUs) continuing education units.
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.
Denver ProSource Files For Bankruptcy
Denver, CO, October 1, 2020—The Denver franchisee of wholesale flooring retailer ProSource, led by Brett Martin, has filed for Chapter 11 bankruptcy, reports Business Den.
Initial Jobless Claims Declined by 36,000 in 4th Week of September
Washington, DC, October 1, 2020-In the week ending September 26, the advance figure for seasonally adjusted initial claims was 837,000, a decrease of 36,000 from the previous week's revised level, according to the Department of Labor.
Pending Home Sales Index Hit Record High of 132.8 in August
Washington, DC, September 30, 2020-The Pending Home Sales Index (PHSI) rose 8.8% to 132.8- a record high-in August, according to the National Association of Realtors.
Percent of Homeowners Remodeling Increased to 36% in Q2
Hackettstown, NJ, September 30, 2020-The National Kitchen & Bath Association (NKBA) released its Market Outlook report showing the remodeling industry is largely recovering from its Q1 COVID-19-induced dip.
Private Sector Employment Rose by 749,000 in September
Roseland, NJ, September 30, 2020-Private sector employment increased by 749,000 jobs from August to September, according to the September ADP National Employment Report.
Mortgage Applications Declined by 4.8% in Fourth Week of Sept.
Washington, DC, September 30, 2020-Mortgage applications decreased 4.8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 25, 2020.
Q2 GDP Revised Down Slightly to 31.4% in Third Estimate
Washington, DC, September 30, 2020-Real gross domestic product (GDP) decreased at an annual rate of 31.4% in the second quarter of 2020, according to the third estimate released by the Bureau of Economic Analysis.
ITC Confirms Unilin Patent Decision Rendered in May
Wielsbeke, Belgium, September 30, 2020--On September 16, the U.S. International Trade Commission (ITC) confirmed the Initial Determination rendered by ITC Judge Shaw on May 15.
Mattie de Koning Named I4F Chief IP Officer
Hamont, Belgium, September 30, 2020—I4F announced that Mattie de Koning is joining its management team as the company’s chief IP officer, a new strategic function in the organization.