Industrial Production Increased in July
Washington, DC, August 14, 2015—Industrial production increased 0.6% in July after moving up 0.1% in June, according to the Federal Reserve.
Today's Flooring News
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High Performance Homes Selected as Innovation Award Winner by DOE
Gettysburg, PA, Aug. 14, 2015—High Performance Homes (HPH), a builder of high performance homes in the Mid-Atlantic, has been selected as a 2015 Housing Innovation Award Winner by the U.S. Department of Energy.
National Foreclosure Inventory Down Nearly 70% from 2011 Peak
Irvine, CA, August 14, 2015—CoreLogic has released its June 2015 National Foreclosure Report, which shows that the foreclosure inventory declined by 28.9% and completed foreclosures declined by 14.8% since June 2014.
U.S. Retail Sales Made Broad Gains in July
Washington, DC, August 13, 2015—Advance estimates of U.S. retail and food services sales for July were $446.5 billion, an increase of 0.6% from the previous month, and up 2.4% above July 2014, according to the U.S. Census Bureau.
Significant Housing Demand Returning to City Centers, Fitch Ratings
New York, NY, August 13, 2015—Amid stabilizing U.S. home price growth lies a demographic shift across much of the country towards increasing demand in urban centers, according to Fitch Ratings in its latest quarterly sustainable home price report.
Distributive Trade Sales & Manufacturers' Shipments Rose 0.2% in June
Washington, DC, August 13, 2015—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,325.5 billion, up 0.2% from May 2015 but down 2.5% from June 2014, according to the U.S. Census Bureau.
Mohawk Group Promotes Kent Clauson to SVP of Sales
Calhoun, GA, August 13, 2015—Mohawk Group has promoted Kent Clauson to serve as senior vice president of sales.
Home Prices Rose in Nearly All Metro Areas in Second Quarter
Washington, DC, August 12, 2015—The median existing single-family home price increased in 93% of measured markets during the second quarter, according to the latest quarterly report by the National Association of Realtors.
JOLTS Report Indicates Little Change in June
Washington, DC, August 12, 2015—The number of job openings was little changed at 5.2 million on the last business day of June, the U.S. Bureau of Labor Statistics has reported.
BART Installs Hard Surface Flooring in Fleet of Train Cars
Oakland, CA, August 12, 2015—Bay Area Rapid Transit (BART) has replaced carpet with sheet vinyl flooring in its fleet of train cars, according to Progressive Railroading.