Consumer Spending Falls in April
Washington, DC, May 31, 2013 -- Consumer spending fell in April by the largest amount in almost a year, according to the Commerce Department.
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.
Mercier Has Incentives for Consumers, Retailers
Montmagny, QC, Canada, May 31, 2013 -- Mercier Wood Flooring is holding a promotion for both retailers and consumers.
Pending Home Sales Up 10% from Last Year
Washington, DC, May 30, 2013 -- Pending home sales edged up 0.3% in April, the National Association of Realtors reported Thursday.
Armstrong Raising Wood Prices in July
Lancaster, PA, May 30, 2013 -- Armstrong said it will raise prices 5-7% in the U.S. and Canada on all solid hardwood and on select engineered hardwood products, effective with shipments on July 15.
Bamboo Hardwoods Signs Distributor Horizon
Raleigh, NC, May 30, 2013 -- Bamboo Hardwoods said it has entered into an agreement with Horizon Forest Products to distribute its bamboo flooring.
Bank-Owned Home Sales at Five-Year Low
Irvine, CA, May 30, 2013 -- Sales of bank-owned properties in the first quarter hit their lowest level since early 2008, according to tracking firm RealtyTrac.
Home Sellers Gaining More Clout
New York, NY, May 30, 2013 -- Home sellers are slowly gaining the upper hand, according to a survey by real estate firm Century 21.
GDP Hurt by Lower Government Spending
Washington, DC, May 30, 2013 -- Falling government spending weighed on the U.S. economy in the first quarter more than initially thought, according to the Commerce Department.
Regupol America Gets GreenCircle Certification
Lebanon, PA, May 30, 2013 -- Regupol America, a supplier of recycled rubber flooring for athletic and commercial surfaces, has again earned a GreenCircle certification.
Jobless Claims Tick Higher Last Week
Washington, DC, May 30, 2013 -- Initial claims for unemployment benefits last week rose to a seasonally adjusted 354,000, according to the Labor Department.