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.
Washington, DC, July 1, 2009--Pending home resales ticked up in May for the fourth month in a row, boosted by affordability and special incentives for first-time buyers, according to the National Association of Realtors.
Englewood, Cliffs, NJ, July 1, 2009--LG Chem, Ltd, has been spun-off from the parent company to create LG Hausys America, Inc.
San Francisco, CA, July 1, 2009--It's possible that interest rates will remain low for several years, according to Federal Reserve Bank of San Francisco President Janet Yellen.
New York, NY, July 1, 2009--As many as one in five U.S. hotel loans may default through 2010 as companies spend less on travel.
Viken, Sweden, July 1, 2009--Välinge has settled its legal disputes regarding infringement on Välinge's patent rights with two Chinese laminate producers.
Hillsville, VA, July 1, 2009--By signing a performance agreement with Mohawk Industries on Monday, the Carroll County Board of Supervisors retained more than 150 jobs and one of the largest industries in the county.
Washington, DC, July 1, 2009--Mortgage application volume last week dropped a seasonally adjusted 18.9% from the week before, as refinancing activity plunged, the Mortgage Bankers Association reported Wednesday.
Dalton, GA, July 1, 2009--IVC US has added Pacific Northwest distributor Wanke Cascade.
Washington, DC, June 30, 2009--Rising unemployment is the latest factor in the current wave of foreclosures, which is complicating Washington's effort to stabilize the housing market.
New York, NY, June 30, 2009--The Conference Board's U.S. consumer confidence index fell in June to 49.3 from a downwardly revised 54.8 in May, the private business research group reported on Tuesday.