Mortgage Applications Surge Last Week
Washington, DC, March 5, 2014 -- Mortgage applications rebounded last week to climb 9.4% from one week earlier, 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.
Builder Hovnanian Reports Higher Loss
Red Bank, NJ, March 5, 2014 -- Homebuilder Hovnanian Enterprises reported a net loss of $24.5 million, or $0.17 per common share, for the first quarter, compared with a net loss of $11.3 million, or $0.08 per common share, a year ago.
Lorberbaum Moves Up on Forbes Billionaires List
New York, NY, March 4, 2014 -- Jeffrey Lorberbaum, president and CEO of Mohawk Industries, is again on the list of the world's billionaires published by Forbes.
Services Sector Growth Slows in February
Washington, DC, March 5, 2014 -- The U.S. services sector grew at a slower pace in February, accoring to the Institute for Supply Management.
House Prices Rise in January
New York, NY, March 4, 2014 -- U.S. house prices rose in January, according to real estate data firm CoreLogic.
Tile Maker Del Conca Begins U.S. Production
Loudon, TN, March 4, 2014 -- Tile maker Del Conca USA, the North American subsidiary of Del Conca, one of the main Italian groups in the ceramic tile manufacturing industry, said it has begun domestic production.
CRI Cancels West Membership Meeting
Dalton, GA, March 4, 2014 -- CRI West, the annual membership meeting in Irvine, California, set for March 6, has been cancelled due to scheduling conflicts.
Bane-Clene Founder Dies
Indianapolis, IN, March 4, 2014 -- William F. "Bill" Bane, age 86, inventor of the first truck-mounted carpet cleaning machine, died Feb. 20.
Construction Spending Rises Unexpectedly
Washington, DC, March 3, 2014 -- Construction spending in the U.S. rose 0.1% in January to a seasonally adjusted annual rate of $943.1 billion, according to the Commerce Department.
QEP Completes Acquisition of Faus Group
Boca Raton, FL, March 3, 2014 -- QEP Co. said it has completed the acquisition of laminate maker Faus Group.