Economists Say Housing on Way to Recovery
Washington, DC, May 20, 2010--Economists participating in NAHB Construction Forecast Conference Webinar agreed that the housing market is on the road to 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.
Initial Jobless Claims Rise Unexpectedly
Washington, DC, May 20, 2010--Initial jobless claims rose 25,000 in the latest week, the Labor Department said.
Shaw Unveils Eco Impacts Product Labeling
Dalton, GA, May 19, 2010--Shaw Industries has launched Eco Impacts, an environmental product label for the company’s commercially branded carpet tile and broadloom products.
Mannington Launches Mobile App for Designers
Calhoun, GA, May 19, 2010--Mannington Commercial has launched what it calls the floorcovering industry’s first mobile application designed to serve designers’ process.
Architecture Billing Index Moves Higher in April
Washington, DC, May 19, 2010--The Architecture Billings Index, a leading indicator of U.S. nonresidential construction spending, rose for the third consecutive month in April, according to the American Institute of Architects.
Florida Tile Gets Stimulus Funds for Lighting
Lawrenceburg, KY, May 19, 2010--Florida Tile has been awarded $162,500 in American Recovery and Reinvestment Act economic stimulus funding to replace old, inefficient lighting.
Percentage of Troubled Mortgages Falls in 1Q
Washington, DC, May 19, 2010--The percentage of loans in foreclosure or with at least one payment past due fell in the first quarter, according to the Mortgage Bankers Association.
Unilin Signs Multisol Infringement Settlement
Dallas, TX, May 18, 2010--Flooring Industries, the intellectual property company of the Unilin Group, said it has signed a settlement agreement with Canadian flooring importer and distributor Multisol.
Wholesale Prices Fall Slightly in April
Washington, DC, May 19, 2010--Wholesale prices fell modestly in April as the cost of energy and food eased, government data showed.
Home Construction Rises but Permits Decline
Washington, DC, May 18, 2010--Home construction rose more than expected in April but new building permits fell significantly.