Core Capital Goods Orders Jumped Last Month
Washington, DC, Nov. 27, 2012 -- Orders for U.S. durable goods leveled off in October, 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.
Report: Mohawk in Talks To Acquire Marazzi
New York, NY, Nov. 26, 2012 -- Mohawk Industries is reportedly in advanced talks to buy Italian ceramics maker Marazzi Group, Reuters reported, citing two sources familiar with the deal.
Mohawk, Unilin Raising Engineered Wood Prices
Dallas, TX, Nov. 26, 2012 -– Mohawk said it will raise prices on Mohawk brand engineered hardwood products, up to 6%, effective on Dec. 21.
Rent Prices Should Rise Again Next Year
Washington, DC, Nov. 26, 2012 -- Vacancy rates for apartments are expected to maintain a "landlord's market" next year with rising rents, according to the National Association of Realtors.
Tate Innovation Wins Product Award
Jessup, MD, Nov. 26, 2012 -– Raised access flooring firm Tate said that its EcoCore phase change panel is the recipient of a 2012 Product Innovation Award from Architectural Products magazine.
Leading Economic Indicators Rise at Slower Pace
Washington, DC, Nov. 21, 2012 -- The index of U.S. leading economic indicators rose at a slower pace in October, according to the Conference Board.
Jobless Applications Decline Sharply
Washington, DC, Nov. 21, 2012 -- Initial applications for unemployment benefits fell significantly last week to a seasonally adjusted 410,000, although the figure was elevated for the second straight week by superstorm Sandy.
Consumer Sentiment Edges Higher in November
Ann Arbor, MI, Nov. 21, 2012 -- Consumer sentiment edged up in November to the best reading in over five years, according to the University of Michigan/Thomson Reuters survey.
Harold Turk Inducted Into 'Ring of Honor'
Dallas, TX, Nov. 21, 2012 -- Former Dal-Tile President Harold Turk was recently inducted to the National Tile Contractors Association’s Ring of Honor for his lifetime service to the NTCA and contribution to the tile industry.
Mortgage Application Volume Surges After Storm
Washington, DC, Nov. 21, 2012 -- Mortgage application volume rose 12.6% in the week ended November 9, according to the Mortgage Bankers Association.