NAR Economist Sees Improving Commercial Market
Washington, DC, May 13, 2011 -- The commercial real estate market continues a slow pace toward recovery, according to National Association of Realtors chief economist Lawrence Yun.
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.
Laminate Association Skeptical of Threat
Bielefeld, Germany, May 13, 2011 -- The Association of European Producers of Laminate Flooring says it is skeptical that recent developments in wood fiber technology pose a threat to the laminate flooring industry.
Core Consumer Inflation Remains Tame
Washington, DC, May 13, 2011 -- Consumer prices rose 0.4% in April, with higher gasoline costs accounting for more than half the increase, according to the Bureau of Labor Statistics.
UTT Backings Meet NSF-140 Criteria
Dalton, GA, May 13, 2011 -- Carpet backing firm Universal Textile Technologies said its UTT BioCel, EnviroCel and EnviroCel Home backing systems have been third party verified by UL Environment.
Dixie Group Swings to Profit on Higher Sales
Chattanooga, TN, May 12, 2011 -- The Dixie Group reported net income of $623,000 for the first quarter, compared to a loss of $2.5 million a year ago.
InterfaceFlor Forms New Hospitality Division
LaGrange, GA, May 12, 2011 -- InterfaceFlor said it is headed to HD Expo 2011 with a newly organized division dedicated exclusively to the hospitality industry.
Jobless Claims Decline in Week of May 7
Washington, DC, May 12, 2011 -- Initial jobless claims decreased 44,000 in the week ended May 7 to 434,000, Labor Department reported.
Foreclosures Down in April on Processing Delays
Irvine, CA, May 12, 2011 -- Foreclosure processing delays have resulted in fewer repossessions in April compared to a year ago, according to tracking firm RealtyTrac.
Retail Sales Rise for Tenth Straight Month
Washington, DC, May 12, 2011 -- U.S. retail sales posted their smallest gain in nine months in April as high food and gasoline prices took a greater share of consumer spending, according to the Commerce Department.
Flexco Signs New York Distributor All County
Tuscumbia, AL, May 12, 2011 -- Resilient flooring firm Flexco has signed All County Flooring Supply of Farmingdale, N.Y. to distribute its full line of products in New Jersey, New York City and southern counties in New York.