Dixie Group, Desso Terminate Joint Venture
Chattanooga, TN, Nov. 26, 2014 -- Dutch carpet firm Desso and The Dixie Group have terminated their joint sales venture agreement.
Today's Flooring News
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Consumer Spending, Income Rise in October
Washington, DC, Nov. 26, 2014 -- U.S. consumer spending picked up at a modest pace in October, according to the Commerce Department.
Mortgage Applications Decline Last Week
Washington, DC, Nov. 26, 2014 -- Mortgage applications last week fell 4.3% from one week earlier, according to the Mortgage Bankers Association.
Durable Goods Orders Up on Military Spending
Washington, DC, Nov. 26, 2014 -- Durable-goods orders rose last month mostly due to military spending, the Commerce Department said.
Initial Jobless Claims Rise Last Week
Washington, DC, Nov. 26, 2014 -- Initial claims for unemployment benefits unexpectedly rose last week to the highest level since September, according to the Labor Department.
Third Quarter GDP Growth Revised Higher
Washington, DC, Nov. 24, 2014 -- Economic growth for the third quarter was revised higher than initial estimates.
Dixie Group Forms Masland Hospitality Business
Chattanooga, TN, Nov. 25, 2014 -- The Dixie Group said it is forming Masland Hospitality, a new business that will be led by Elizabeth Moore, vice president of Masland Hospitality.
Installation Apprentice School To Open Next Year
Dalton, GA, Nov. 25, 2014 -- A non-profit floorcovering installation apprentice school has been set up in Dalton.
Home Prices Rise from a Year Ago
Washington, DC, Nov. 24, 2014 -- U.S. home prices year-over-year rose 4.9% in September-- the slowest pace since October 2012 -- compared with annual growth of 5.6% in August.
House Prices Increase in Third Quarter
Washington, DC, Nov. 25, 2014 -- House prices rose 0.9% in the third quarter, according to the Federal Housing Finance Agency House Price Index.