Rising Delinquencies Signal More Foreclosures
New York, NY, Dec. 30, 2009--Mortgage delinquencies are still on the rise, which could put a damper on a rebounding housing market.
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.
Nourison Still Has Rug Show's Largest Showroom
Atlanta, GA, Dec. 30, 2009—Nourison has renewed the lease for its 18,500-square-foot at AmericasMart, to continue as the largest showroom in AmericasMart’s Area Rug product center.
Midwest Business Activity Surges in December
Chicago, IL, Dec. 30, 2009--Midwest business activity expanded far more than expected in December, according to a report by the Institute for Supply Management.
Consumer Confidence Rises in December
New York, NY, Dec. 29, 2009--The Conference Board Consumer Confidence Index rose again in December.
More Employers Say They'll Hire in 2010
New York, NY, Dec. 30, 2009--Twenty percent of employers plan to increase the number of full-time, permanent employees in 2010, up from 14% in 2009, according to CareerBuilder's 2010 Job Forecast.
Last-Minute Shoppers Push Retail Sales Higher
New York, NY, Dec. 29, 2009--Last-minute holiday shoppers helped chain-store sales move higher for the week ended Dec. 26.
Stimulus Bond Program Proving Popular
Washington, DC, Dec. 29, 2009--Build America Bonds, which are being used to fund all kinds of municipal and school building projects, may double to $130 billion in 2010.
FXI Foamex Plant Hits Safety Milestone
Cornelius, NC, Dec. 29, 2009--FXI Foamex Innovations' foam plant here has set a safety record, going more than a year without an OSHA recordable incident.
Home Prices Unchanged in October Index
New York, NY, Dec. 29, 2009--Home prices were unchanged in October after five straight monthly increases, according to Standard & Poor's/Case-Shiller indexes on Tuesday.
Holiday Retail Sales Higher Than Last Year
Purchase, NY, Dec. 28, 2009--U.S. retail sales were up an estimated 3.6 percent during the holiday season from a year earlier, according to MasterCard Advisors’ SpendingPulse.