Bernanke Says He's Ready To Take Further Steps
Jackson Hole, WY, Aug. 27, 2010--Federal Reserve Chairman Ben Bernanke said he's ready if necessary to take unconventional steps to support an economic recovery.
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.
New Rules Forcing Credit Card Rates Higher
New York, NY, Aug. 27, 2010--While interest rates continue to fall for home buyers, interest rates for credit cards are moving higher, according to a story in the Wall Street Journal.
Irish Tile Manufacturer Expanding
Belfast, Ireland, Aug. 27, 2010-- An Irish tile maker is hoping to boost sales by $775,000 over the next two years as it lays out a major expansion program.
Initial Jobless Claims Fall More Than Expected
Washington, DC, Aug. 26, 2010--Initial jobless claims for unemployment benefits fell 31,000 to 473,000 in the latest week, the first decline in a month, according to data from the Labor Department.
Roppe To Recycle Rubber for ReSource Members
Fostoria, OH, Aug. 26, 2010--Roppe Corporation has formed a partnership with the ReSource Commercial Flooring Network to support the network’s environmental initiative, Ecollect.
Percentage of Homes in Foreclosure Fell in Q2
Washington, DC, Aug. 26, 2010--The percentage of homes somewhere in the foreclosure process fell in the second quarter, the Mortgage Bankers Association reported on Thursday.
828 International Returning to High Point Market
Greenville, S.C., Aug. 26, 2010--828 International Trading Co. said it will return to the High Point Market in a temporary space this fall after an absence of several years.
Cali Bamboo on Inc. Magazine List
San Diego, CA, Aug. 26, 2010--Cali Bamboo said it has been included in Inc. Magazine's “Inc. 5,000” list.
Median Home Size Continues To Shrink
Washington, DC, Aug. 26, 2010--The median home size is shrinking, according to the U.S. Census Bureau.
NAR Economist Sees Higher Home Sales Ahead
Washington, DC, Aug. 25, 2010--Despite the gloomy existing home sales figures for July, the chief economist for the National Association of Realtors remains relatively optimistic about sales for the rest of this year.