Carpetright Sees Annual Profit Rise
London, England, June 29, 2010--Britain's carpet and floor covering retailer Carpetright reported Tuesday a 33.5% increase in pre-tax profit for fiscal 2010.
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.
Home Tax Credit Deadline Extension May Be Dead
Washington, DC, June 28, 2010--A measure that would have extended the amount of time that buyers have to close on house purchases in order to claim a federal tax credit got stalled in the Senate last week.
Home Prices See Significant Increase Over '09
New York, NY, June 29, 2010--The housing market got some good news Tuesday morning, as the S&P Case-Shiller 20-city home price index rose by 3.8% in April over a year ago.
NWFA Launches Site on Professional Inspectors
St. Louis, MO, June 28, 2010--The National Wood Flooring Association Certified Professionals has developed a new website to help consumers, manufacturers and others find professional wood flooring inspectors.
Researcher Says Housing Bad News Not Over
Minneapolis, MN, June 28, 2010--A housing researcher predicted “a new normal” in housing markets across the U.S., according to a story in MinnPost.com.
Mortgage Rates Lowest in Over 50 Years
Washington, DC, June 28, 2010--Average rates on 30-year fixed-rate mortgages reached their lowest levels in more than 50 years this week, according to HSH.com.
Design College, AFA, Begin Dalton Internships
Dalton, GA, June 28, 2010--Savannah College of Art and Design, the American Floorcovering Alliance, and nine AFA member companies in Dalton, Georgia have set up a summer internship program, according to the Dalton Daily Citizen.
Consumer Spending Edges Higher in May
Washington, DC, June 28, 2010--Consumer spending in the U.S. increased in May more than forecast, perhaps a sign households are gaining confidence in the recovery.
Personal Income Higher in May
Washington, DC, June 28, 2010--May personal income rose 0.4%, slightly lower than economists expectations, according to the Commerce Department.
Espe Named CEO of Armstrong
Lancaster, PA, June 25, 2010--Armstrong World Industries, Inc. has named Matthew J. Espe chief executive officer and president. His appointment will become effective in late July.