Home Refinancing Plunges on Higher Rates
Washington, DC, June 5, 2013 -- Mortgage application volume fell 11.5% last week as mortgage rates rose, 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.
Services Sector Improves More Than Expected
Tempe, AZ, June 5, 2013 -- The ISM Services Index rose more than expected to 53.7 in May from 53.1 in April.
Factory Orders Rise in April
Washington, DC, June 5, 2013 -- Orders for factory-made goods rose 1.0% in April, largely because of increased demand for autos and airplanes, the Commerce Department reported Wednesday.
New Homes Getting Larger Again
Washington, DC, June 4, 2013 -- The average size of new homes has grown significantly in the last three years, according to a Census Bureau report released Monday.
Premiere Finishing Signs Distributor Lifton
Reidsville, NC, June 4, 2013 -- Premiere Finishing & Coating has entered into a distribution agreement with the Norman D. Lifton Company of Mt. Vernon, N.Y. to distribute its ecoGrain product.
CARE Seeking Markets for Recycled PET
Dalton, GA, June 4, 2013 -- Carpet America Recovery Effort is looking for someone to lead the development of sustainable commercial solutions for recycling post-consumer polyester carpet.
Bona AB, Kunzle & Tasin, Form Partnership
Stockholm, Sweden, June 4, 2013 -- Bona AB, the maker of products for hardwood floors, and Kunzle & Tasin S.r.l., the manufacturer of sanding machines, have entered into a strategic partnership.
Propex Expanding Georgia Backings Plant
Chattanooga, TN, June 3, 2013 -- Propex Operating Company said it will expand its carpet backings manufacturing facility in Hazlehurst, Georgia.
Bob Weiner Launches New Carpet Mill in Dalton
Dalton, GA, June 3, 2013 -– A new carpet company began manufacturing carpet tile and other products last month.
Construction Spending Rises in April
Washington, DC, June 3, 2013 -- Spending on U.S. construction projects rose in April despite a dip in residential spending.