Pending Home Sales Highest in 11 Months
Washington, DC, Aug. 28, 2014 -- Pending home sales rose 3.3% in July to reach the highest level in 11 months, according to the National Association of Realtors.
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.
New Nora Sheet Product Features Pre-Applied Adhesive
Salem, NH, Aug. 28, 2014 -- Rubber flooring manufacturer Nora has unveiled a new a rubber sheet flooring product called Noraplan nTx that features a pre-applied solvent-free adhesive.
GDP Rose 4.2% in Second Quarter
Washington, DC, Aug. 28, 2014 -- The government's estimate for second quarter economic growth was revised higher to 4.2%.
Unemployment Applications Edge Lower Last Week
Washington, DC, Aug. 28, 2014 -- Initial applications for unemployment benefits fell below 300,000 for the fourth time in six weeks, according to the Labor Department.
USGBC, Chemistry Council, Form Initiative
Washington, DC, Aug. 28, 2014 -- The U.S. Green Building Council and the American Chemistry Council said they have formed a new initiative designed to ensure the use of sustainable and environmentally protective products.
Maier To Lead Armstrong Flooring Business
Lancaster, PA, Aug. 27, 2014 -- Donald R. Maier will become the new leader of Armstrong's worldwide flooring business as executive vice president and CEO of Armstrong Flooring Products.
Mortgage Application Volume Edges Higher
Washington, DC, Aug. 27, 2014 -- Mortgage application volume last week increased 2.8% from the previous week, according to the Mortgage Bankers Association.
Karndean Designflooring Recognized for Growth
Pittsburgh, PA, Aug. 27, 2014 -- Karndean Designflooring has been named to the Pittsburgh Business Times Top 100 Fastest Growing Companies for 2014.
PulteGroup Acquires Midwest Builder Dominion
Atlanta, GA, Aug. 27, 2014 -- Atlanta-based homebuilder PulteGroup said it has acquired Midwest homebuilder Dominion Homes.
Budget Office Predicts 2014 Growth of 1.5%
Washington, DC, Aug. 27, 2014 -- The Congressional Budget Office predicts the economy will grow 1.5% this year, hurt by a poor first-quarter.