Refinancing Spurs Mortgage Application Demand
Washington, DC, Jan. 18, 2012 -- Mortgage applications surged more than 20% last week, fueled by increased refinancing on lower interest rates, 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.
Analyst Boosts Lumber Liquidators Stock Target
New York, NY, Jan. 18, 2012 -- Goldman Sachs increased its price target on shares of Lumber Liquidators to $21.00 in a report issued on Tuesday.
Core Producer Prices Rise in December
Washington, DC, Jan. 18, 2012 -- Core producer prices rose 0.3% in December, the biggest monthly gain since July 2011 and higher than the 0.1% gain expected by economists, according to the Bureau of Labor Statistics.
Domotex Attendance Rises in 2012
Hannover, Germany, Jan. 17, 2012 -- Domotex 2012 drew to a close on Tuesday, after 45,000 visitors attended the world’s leading trade show for carpets and floor coverings.
Atlanta Rug Market Names Winners
Atlanta, GA, Jan. 17, 2012 -- The area rug industry named its top rugs at the Atlanta International Area Rug Market featuring the National Oriental Rug Show.
Distributor Salesmaster Enlarges Mannington Area
Deer Park, NY, Jan. 17, 2012 -- Distributor Salesmaster Flooring Solutions has announced an expanded partnership with Mannington in the New England region.
CRI Seal of Approval Program Adds 23 Products
Dalton, GA, Jan. 17, 2012 -- The Carpet and Rug Institute's Seal of Approval program began 2012 with the addition of 12 new vacuums, 9 solutions and 2 extractors to the SOA-approved lists.
New York Manufacturing Stronger Than Expected
New York, NY, Jan. 17, 2012 -- Manufacturing activity in the New York area expanded at the fastest rate in nine months in January, according to the New York Federal Reserve Bank.
Chinese Showing More Respect for Unilin Patents
Shanghai, China, Jan. 17, 2012 -- Unilin said it has achieved cooperation with over 100 major Chinese flooring firms, after constant disputes with Chinese firms since 2005 over Unilin's locking systems, according to China Daily.
Mohawk Names Meadows Senior Vice President
Dalton, GA, Jan. 16, 2012 -- Mohawk has named Jeff Meadows, a 30 year veteran of the flooring industry, as senior vice president of sales for the home centers and aligned groups.