New Home Sales Surge 6.6% in September
Washington, DC, Oct. 27, 2010 -- Sales of new homes rose 6.6% in September, according to the Census Bureau and the Department of Housing and Urban Development.
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.
NRF Says Consumers To Seek Discretionary Items
Washington, DC, Oct. 27, 2010--Luxury and department stores are expected to see increased sales this holiday season, according to the head of the National Retail Federation.
Shaw Consumer Website Gets Recognition
Dalton, GA, Oct. 27, 2010 -- Shaw Industries said that its Shawfloors.com consumer website has been named one of BtoB Magazine's "Ten Great Websites” of 2010 in a recent article.
Gerflor Says Taraflex Meets ASTM Standards
Chicago, IL, Oct. 27, 2010 -- Gerflor said that its complete Taraflex Sports Flooring range is compliant with the American Society for Testing Materials’ standard for indoor sports floor systems.
Carpetright Sees Difficult Period Ahead
London, England, Oct. 27, 2010 -- Carpetright said sales continue to fall as fragile consumer confidence has hit demand for big ticket, housing-related items.
Mortgage Application Volume Rises
Washington, DC, Oct. 27, 2010 -- Mortgage application volume rose last week as consumers sought to take advantage of near-record low interest rates, according to the Mortgage Bankers Association.
Durable Goods Orders Up, Manufacturing Weak
Washington, DC, Oct. 27, 2010 -- Durable good orders rose 3.3% in September, a higher than expected number, the Commerce Department reported Wednesday.
Pergo Files Suit Against German Paper Maker
Baar, Switzerland, Oct. 27, 2010 -- Pergo said it filed a patent infringement lawsuit in the Düsseldorf Regional Court against German-based Dekor-Kunststoffe GmbH, a large coated-paper manufacturer.
Consumer Confidence Edges Up in October
New York, NY, Oct. 26, 2010 -- U.S. consumer confidence rose to 50.2 in October, though it is still near historically low levels, the Conference Board reported Tuesday.
DuPont Earnings Decline, Revenues Rise in Q3
Wilmington, DE, Oct. 26, 2010 -- Chemical maker DuPont reported third quarter net earnings of $367 million, or $0.40 per share, down 10% from $409 million, or $0.45 per share a year ago.