Mortgage Applications Fall on Higher Rates
Washington, DC, April 7, 2010--Mortgage application volume in the U.S. declined last week as rising interest rates depressed refinancing, according to the Mortgage Bankers Association.
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.
Business Roundtable Sees More Hiring Optimism
New York, NY, April 7, 2010--More CEOs expect to be adding jobs than cutting jobs, the first time sentiment has been this positive in two years.
NWFA Installs New Board of Directors
St. Louis, MO, April 7, 2010--The National Wood Flooring Association announced its 2010 board of directors during its convention in Washington, D.C.
Shaw Honors 63 Graduates of GED Program
Dalton, GA, April 7, 2010--Shaw Industries honored 63 associates who successfully completed the GED Program at Shaw’s 14th Annual GED Recognition Luncheon March 26.
Retail Vacancy Rates Hit 10 Year High
New York, NY, April 7, 2010--Vacancy rates and falling rents are hurting U.S. shopping centers and malls, which have seen their highest vacancy rates in a least 10 years, according to research firm Reis.
Canadians Giving U.S. Housing Market a Boost
Toronto, Canada, April 7, 2010--Canadians are giving the U.S. housing market a boost as the Canadian currency appreciates.
WFCA Rolling Out Third Edition of Magazine
Anaheim, CA, April 7, 2010--The World Floor Covering Association and publisher Meredith Corporation are rolling out the third installment of their consumer-flooring magazine Better Homes & Gardens Beautiful Flooring.
Home Depot Finally Starts Hiring Again
Atlanta, GA, April 6, 2010--Home Depot Inc. is adding store jobs for the first time in four years in anticipation of a rebound in sales, according to Bloomberg News.
Mannington Raising Resilient Prices June 1
Salem, NJ, April 6, 2010--Mannington Mills said it will implement a 6% price increase on all residential and commercial resilient products, effective with shipments on June 1.
Robina Signs Midwest Distributor Bahr
Kennesaw, GA, April 6, 2010--Robina Floors has signed Midwest distributor Bahr Company to service the four state area surrounding Lake Michigan.