Initial Jobless Claims Fall, 26% Lower Than 2009
Washington, DC, March 4, 2010--Initial jobless claims declined by 29,000 in the week ending Feb. 27 to 469,000, the 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.
Fed Report Shows Economy on The Mend
Washington, DC, March 4, 2010--The U.S. economy continued to improve slowly in February, according to the latest Beige Book survey of economic conditions released Wednesday by the Federal Reserve.
Lumber Liquidators Expands Into North Dakota
Toano, VA, March 4, 2010--Lumber Liquidators has opened a store in Fargo, N.D.
Soaring Productivity Keeps Hiring Low in Late 2009
Washington, DC, March 4, 2010--U.S. businesses increased their productivity in the second half of the year more than previously reported, the Labor Department reported Thursday.
Real Estate Prices Up Over Year Ago, Firm Says
Truckee, CA, March 4, 2010--Clear Capital said Thursday that home prices nationally are up 5 percent compared to February 2009.
Utah Retailer in Temporary Location After Fire
West Valley City, UT, March 4, 2010--The Carpet Barn has a new temporary location two months after a fire destroyed its previous location.
Consumer Bankruptcy Filings Up in February
Washington, DC, March 4, 2010--Consumer bankruptcy filings were up 14% in February compared with a year earlier, according to the American Bankruptcy Institute.
Mortgage Rates Back Below 5%
Washington, DC, March 4, 2010--The 30-year fixed mortgage rate average dipped below 5%, according to Freddie Mac.
Armstrong Says It's Not For Sale
Lancaster, PA, March 3, 2010--Armstrong World Industries reiterated that it is not looking for a new owner, its new chief financial officer said during Monday's conference call with analysts.
Homebuilder Hovnanian Swings To Profit
Red Bank, NJ, March 3, 2010--Homebuilder Hovnanian Enterprises said Tuesday that it recorded a quarterly profit for the first time since 2006 thanks to a large tax gain.