Percentage of Delinquent Mortgages Hits New High
Chicago, IL, Feb. 17, 2010--The percentage of delinquent mortgages hit another record during the fourth quarter of 2009, according to credit reporting agency Transunion.
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.
Chain Store Sales Down Last Week 1.6%
New York, NY, Feb. 17, 2010--U.S. chain store retail sales fell 1.6% the week of Feb. 13.
Industrial Production Rises Seventh Straight Month
Washington, DC, Feb. 17, 2010--U.S. industrial production rose 0.9% in January, according to the Federal Reserve. Production is now up in seven straight months.
Mortgage Application Volume Falls
Washington, DC, Feb. 17, 2010--Mortgage application volume last week dropped 2.1%, compared with the previous week, the Mortgage Bankers Association reported on Wednesday.
Carpet Maker Burtco Rebranded 'B Carpet'
Dalton, GA, Feb. 15, 2010--For more than 30 years, Burtco has produced custom-crafted carpet for the hospitality industry. Now, a major change is underfoot.
Smithsonian Design Museum To Show Tricycle Samples
Chattanooga, TN, Feb. 16, 2010--Smithsonian’s Cooper-Hewitt National Design Museum has selected Tricycle’s Tryk Sustainable Samples for display in its National Design Triennial.
New York Manufacturing Index Better Than Expected
New York, NY, Feb. 16, 2010--Manufacturing in New York state rose in February as inventories rose, the New York Federal Reserve said.
Aquafil Gets Certification of Recycled Content
Cartersville, GA, Feb. 16, 2010--Aquafil USA has received final certification from UL environment about post industrial and post consumer content on Econyl 75 and Econyl Next, two fiber grade nylon polymers partially made using recycled material.
Five Million Homes Headed Toward Foreclosure
New York, NY, Feb. 16, 2010--Two new studies show there is more trouble ahead regarding foreclosures that will tend to depress home prices, according to a story in the Wall Street Journal.
ServiceMagic Sees Surge in Remodeling Requests
New York, NY, Feb. 15, 2010--ServiceMagic.com said the number of remodeling service requests at its website increased 37% in the fourth quarter over 2008.