Household Wealth Plunges During Recession
Washington, DC, June 12, 2012 -- Household net worth declined 38.8 percent between 2007-2010, mostly due to a plunge in house prices, according to the Federal Reserve.
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.
Antron Rolls Out New Brand Identity
Chicago, IL, June 11, 2012 -- Invista has rolled out its new brand identity for the Antron carpet fiber brand at the NeoCon trade show.
Süddekor Unveils New Digital Sample System
Agawam, MA, June 11, 2012 -- Süddekor LLC has rolled out ColorDekor, a new, proprietary digital color-match system to create a high-quality sample for any laminate flooring, furniture, or countertop customer.
Fraser/Gold, Lane's Combine Forces
New York, NY, June 11, 2012 -- Fraser/Gold Carpet said it has formed an alliance with Lane’s Floor Coverings & Interiors, another New York area commercial flooring contractor.
Businesses Predict More Executive Relocations
New York, NY, June 11, 2012 -- More business executives are likely to be on the move this year.
New Homes Appear To Be Increasing in Size
New York, NY, June 8, 2012 -- Some U.S. homebuilders are reporting that the trend toward smaller houses is apparently reversing itself, according to the Wall Street Journal.
Multi-Family Construction on the Rise
Washington, DC, June 8, 2012 -- The Multifamily Production Index, a leading indicator for the multi-family market, recorded its highest reading since the third quarter of 2005 with an index level of 51.
Washington Recyclers Hosting Carpet Event
Kent, WA, June 8, 2012 -- A growing number of companies in the northwest are are developing processes to move carpet out of the waste stream and into new products.
Wholesale Inventories Up More Than Expected
Washington, DC, June 8, 2012 -- Wholesale inventories rose 0.6% to a record $483.5 billion, according to the Commerce Department.
Mortgage Rates Hit Another Record Low
Washington, DC, June 8, 2012 -- Mortgage rates have fallen to a new record low, according to Freddie Mac.