Mortgage Credit Loosens in July
Washington, DC, Aug. 8, 2016 -- Mortgage credit availability increased in July according to the Mortgage Bankers Association.
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.
Builders Still Upbeat About Senior Housing Market
Washington, DC, Aug. 8, 2016 -- Builder confidence in the single-family 55+ housing market remains in positive territory in the second quarter, according to the National Association of Home Builders.
Floorco To Distribute Beauflor Vinyl Products
Baltimore, MD, Aug. 8, 2016 – Floorco Distribution said it will distribute Beauflor premium cushion vinyl and luxury vinyl flooring.
Dependable LLC Joins FEI Group
Mayfield Heights, OH, Aug. 8, 2016 -- Dependable LLC said it has joined flooring contractor network FEI Group.
Abbey Carpet To Hold Conventions in February
Bonita Springs, FL, Aug. 8, 2016 -- Abbey Carpet Company, Inc., said its National Conventions for Abbey Carpet & Floor/Floors To Go will be held in Atlanta in February.
Building Permits Down in Canada
Ottawa, Ontario, Canada, Aug. 8, 2016 -- The value of Canadian building permits fell in June as requests for permits for apartment and condominium buildings declined in Ontario and British Columbia.
Some Areas More Affordable for Potential Home Owners
Washington, DC, Aug. 8, 2016 -- The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 1965, but new research from the National Association of Realtors reveals that there are affordable metro areas right now.
Mohawk Reports Record Q2 Earnings of $255 Million, 35% YOY Increase
Calhoun, GA, August 5, 2016—Mohawk has announced 2016 Q2 net sales of $2.3 billion, compared to $2.0 billion in 2015 Q2.
Crossville Names Winners of Common Thread Scarf Design Contest
Crossville, TN, August 5, 2016—Crossville has announced the winners of the 2016 The Common Thread for the Cure scarf design contest: Judge’s Choice—Love’s Alchemy by Kerry Steele and People’s Choice—Yin & Yang by Beatriz Lopez.
Unemployment Held Steady at 4.9% in July
Washington, DC, August 5, 2016—Total nonfarm payroll employment rose by 255,000 in July, and the unemployment rate was unchanged at 4.9%, the U.S. Bureau of Labor Statistics reported.