Initial Jobless Claims Rise Less Than Expected
Washington, DC, Nov. 18, 2010 -- Initial jobless claims rose by 2,000 last week to 439,000, the U.S. Labor Department reported Thursday.
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.
Mortgage Interest Proposal Faces Heavy Lobbying
Washington, DC, Nov. 18, 2010 -- The debt commission’s early proposal to either reduce or eliminate the mortgage interest tax deduction will face a lobbying onslaught.
NAHB Study Optimistic About Future Demand
Washington, DC, Nov. 18, 2010 -- Annual single-family housing production in 2008 and 2009 fell about one million units short of the housing that would be needed in a normally functioning economy.
Design Guild Names Showcase Award Winners
Manchester, NH, Nov. 18, 2010 -- The International Design Guild has named the winners of its 2010 Designer Showcase Awards.
Mondo in Deal With Municipal Contracting Agency
Conshohocken, PA, Nov. 18, 2010 -- Mondo said it has entered a municipal vendor partnership contract with National Joint Powers Alliance for its sports surfaces and athletic equipment and accessories.
Foreclosure Starts Up, Delinquencies Decline
Washington, DC, Nov. 18, 2010 -- Foreclosure starts rose in the third quarter, but the delinquency rate for mortgage loans dropped overall, the Mortgage Bankers Association reported on Thursday.
Interface Begins $275 Million Debt Offering
Atlanta, GA, Nov. 18, 2010 -- Interface Inc. has begun a private debt offering of $275 million, which will be used to retire $260 million in current debt that ranges from 9.5% to 11.375%. This is a correction from the original post.
Mortgage Application Volume Falls on Refinancing
Washington, DC, Nov. 17, 2010 -- Mortgage application volume dropped last week, as demand for refinancing loans fell, according to the Mortgage Bankers Association.
Still No Signs of Consumer Inflation
Washington, DC, Nov. 18, 2010 -- Consumer inflation decelerated in October, the Labor Department said Wednesday.
Armstrong Decides To Pull Out of Surfaces
Lancaster, PA, Nov. 16, 2010 -- Armstrong World Industries confirmed that it will not exhibit at Surfaces in January.