Economic Growth Accelerates in Fourth Quarter
Washington, DC, Jan. 28, 2011 -- The U.S. economy accelerated in the fourth quarter, according to the Commerce Department.
Today's Flooring News
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Remodeling Index Improves in Fourth Quarter
Washington, DC, Jan. 27, 2011 -- The latest National Association of Home Builders' Remodeling Market Index edged up to 41.5 in the fourth quarter, compared to 40.8 in the third quarter.
Consumer Sentiment Revised Higher for January
Ann Arbor, MI, Jan. 28, 2011 -- Consumer sentiment edged down in January, according to the Thomson Reuters and University of Michigan survey.
Ascend Expanding Alabama Nylon Plant
Foley, AL, Jan. 28, 2011 -- Ascend Performance Materials plans to expand its plant in Foley.
Congoleum Offering Retail Incentive
Mercerville, NJ, Jan. 31, 2011 -- Congoleum is holding a promotion for retail sales people, who can earn extra money for every carton of the Connections glueless flooring they sell.
Mortgage Rates on The Rise
Washington, DC, Jan. 27, 2011 -- U.S. mortgage rates rose for the second straight week, according to Freddie Mac.
Geithner Says Moderate Recovery Underway
Davos, Switzerland, Jan. 28, 2011 -- Treasury Secretary Tim Geithner said he's confident that an economic recovery is underway.
Lammy Award Winners Announced at Surfaces
Las Vegas, NV, Jan. 27, 2011 –- The North American Laminate Flooring Association has named the winners of the 5th annual 2010 Lammy Awards.
Leading Economists Growing More Optimistic
New York, NY, Jan. 27, 2011 -- Leading economists are growing more optimistic, the Associated Press said regarding its own Economy Survey.
Pending Home Sales Rise 2% in December
Washington, DC, Jan. 27, 2011 -- Pending home sales rose 2.0% in December for the fifth increase in the past six months, according to the National Association of Realtors.