Mortgage Application Volume Declines
Washington, DC, Dec. 1, 2010 -- Mortgage application volume fell last week as interest rates rose to the highest level since mid-August.
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.
Planned Job Cuts Highest Since March
Chicago, IL, Dec. 1, 2010 -- The pace of downsizing surged to its highest level in eight months, according to outplacement consultancy Challenger, Gray & Christmas, Inc.
Connor Sport Court Names Accounts Director
Salt Lake City, UT, Dec. 1, 2010 -- Lee Sponaugle has been named director of corporate accounts for Connor Sport Court International.
Polish Vinyl Company Lentex To Buy Hungarian Firm
Paris, France, Dec. 1, 2010 -- Polish vinyl flooring and nonwovens producer Lentex has signed a preliminary agreement to buy the Hungarian PVC and wood flooring company Graboplast.
Nova Scotia's Largest Sawmill Closing
Nova Scotia, Canada, Dec. 1, 2010 -- Groupe Savoie said that on December 10 it will close it Westville mill, the largest hardwood sawmill in Nova Scotia.
Consumer Confidence Highest Since June
New York, NY, Nov. 30, 2010 -- U.S. consumer confidence rose to the highest level since June, with consumers more optimistic about future business conditions and job prospects, the Conference Board said.
Holiday Shoppers Boost Chain Store Sales
New York, NY, Nov. 30, 2010 -- Approximately 81 million shoppers turned out during the Thanksgiving weekend and they helped boost weekly chain-store sales by 3.5% from one year ago.
Commercial Property Sees Improving Conditions
Washington, DC, Nov. 30, 2010 -- The commercial property market may finally be on the mend, according to the National Association of Realtors.
World Rug Gallery To Display at AmericasMart
Atlanta, GA, Nov. 30, 2010 -- World Rug Gallery will be a first-time exhibitor at AmericasMart in January.
House Prices Fall in September, Up Over 2009
New York, NY, Nov. 30, 2010 -- The prices of single-family homes fell a non-seasonally adjusted 0.7% in September, according to the S&P/Case-Shiller home price index.