Immigrants Continue To Spur Housing Demand
Washington, DC, March 7, 2013 -- Immigrants will increasingly buy and rent homes in the U.S. through 2020, according to a new report created for 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.
New Unemployment Claims Fall Again
Washington, DC, March 7, 2013 -- Initial applications for unemployment benefits fell last week to a seasonally adjusted 340,000, according to the Labor Department.
Mohawk Shares Hit New 52-Week High
New York, NY, March 7, 2013 -- Shares of Mohawk Industries hit a new 52-week high Tuesday and continued the uptrend this week as shares were trading Thurday morning near $112.
Warp & Weft Opens New York Showroom
New York, NY, March 7, 2013 -- Rug maker Warp & Weft has opened a new 3,000 square foot showroom in the Decoration & Design Building in New York City.
Planned Job Cuts Rise in February
Chicago, IL, March 7, 2013 -- Planned layoffs by U.S. companies rose 37% in February from January, mostly driven by job cuts in the financial sector, according consulting firm Challenger Gray & Christmas.
ADP Jobs Report Better Than Expected
Roseland, NJ, March 6, 2013 -- Business added 198,000 jobs in February, according to payroll processor ADP in its monthly report.
Milliken Again on Most Ethical Companies List
Spartanburg, SC, March 6, 2013 -- Milliken & Company said it has been named to the 2013 World’s Most Ethical Companies list by the Ethisphere Institute for the seventh consecutive year.
Mortgage Application Volume Surges
Washington, DC, March 6, 2013 -- Mortgage application volume rebounded last week after three straight weeks of declines, according to the Mortgage Bankers Association.
Delinquencies Down for Commerical, Multifamily
Washington, DC, March 6, 2013 -- Delinquency rates continued to decline for commercial and multifamily mortgage loans in the fourth quarter, according to the Mortgage Bankers Association.
HomerWood Names Goodfellow Distributor of Year
Titusville, PA, March 6 -- HomerWood Premium Hardwood Flooring recently named Goodfellow as its Distributor of the Year for 2012.