Pending Home Sales Decline in August
Washington, DC, Sept. 26, 2013 -- Pending home sales fell 1.6% in August, 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.
Chinese Firm To Make Recycled Fiber in SC
Columbia, SC, Sept. 26, 2013 -- JN Fibers Inc., a Chinese manufacturer of recycled polyester staple fiber products, is establishing a new 600,000 square foot manufacturing facility in an existing building in Chester County.
Housing Recovery Strong Point of Q2 GDP
Washington, DC, Sept. 26, 2013 -- The final calculation of second quarter gross domestic product was unchanged, with the economy growing at an annual rate of 2.5%, according to the Commerce Department.
Initial Jobless Applications Fall Unexpectedly
Washington, DC, Sept. 26, 2013 -- Initial applications for unemployment benefits fell by 5,000 to 305,000 in the week ended Sept. 21, the Labor Department said.
IICRC Director Named to Standards Board
Vancouver, WA, Sept. 26, 2013 -- The Institute of Inspection, Cleaning and Restoration Certification said that its standards director was selected to serve as secretary for the Society for Standards Professionals Board of Directors.
InstaFloor Has New Sales, Support Center
Bella Vista, AR, Sept. 26, 2013 -- InstaFloor, a manufacturer and supplier of self-adhesive, acoustic underlayment, has set up a new sales, distribution and support center in Bella Vista.
New Home Sales Up 7.9% in August
Washington, DC, Sept. 25, 2013 -- New home sales in August rose 7.9% from July to a seasonally adjusted annual rate of 421,000, according to the Commerce Department.
Revived FloorTek Expo Draws 2,000 Attendees
Dalton, GA, Sept. 25, 2013 -- After a four year hiatus, the three-day FloorTek Expo attracted approximately 75 exhibitors and 2,000 attendees, including many from overseas.
Mortgage Applications Up on Lower Rates
Washington, DC, Sept. 25, 2013 -- Mortgage application volume last week grew 5.5% from the prior week as interest rates fell, the Mortgage Bankers Association said.
CFI Presents Second Chris Davis Award
Kansas City, MO, Sept. 25, 2013 -- J. R. Harris, better known as “Junior” in the flooring industry with his big cowboy hat and boots, was honored as the second recipient of the Chris Davis Award for his numerous contributions to installation.