Federal Bank Takeover Hurting Some Home Builders
Washington, DC, Nov. 21, 2008--U.S. Home builders seem to be blaming U.S. federal regulators for at least some of their financial problems.
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.
Slack Hardwood Demand Hits Alabama Mill
Linden, AL, Nov. 21, 2008 — Linden Lumber, a leading manufacturer of southern hardwoods, has laid off most of its employees.
Commercial Real Estate To Slow Into Next Year
Washington, DC, Nov. 21, 2008--The economic downturn will slow commercial real estate markets into 2009, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors.
USGBC Opens Comment Period on LEED for Retail
Boston, MA, Nov. 21, 2008--The U.S. Green Building Council (USGBC) has opened the public comment period for its LEED for Retail rating system, both for New Construction and Commercial Interiors projects.
Fannie, Freddie, Suspend Foreclosure Sales
Washington, DC, Nov. 21, 2008--Freddie Mac and Fannie Mae have ordered mortgage servicers and foreclosure attorneys to suspend foreclosure sales and evictions for certain properties.
CRI Encourages Members To Debunk Carpet Myths
Dalton, GA, Nov. 20, 2008– The Carpet and Rug Institute’s annual meeting focused largely on “mythbusting,” or encouraging members to correct much of the widespread misinformation about carpet as they market their brands.
Välinge Signs Turkish Firm for New Technology
Viken, Sweden, Nov. 21, 2008--Yildiz Entegre will use Välinge Innovation's 5G fold down technology and will be the first Turkish firm to use the technology.
Oil Prices Fall Below $50 on Recession Fears
New York, NY, Nov. 20, 2008--Oil prices fell below $50 to a two-year low Thursday in Asia as investors priced in lower crude demand from a global economic downturn that's shaping up as the worst in decades.
Beaulieu Releases Winter Market Schedule
Dalton, GA, Nov. 20, 2008–Beaulieu of America released its 2009 Winter Market Schedule.
Initial Jobless Claims at 16-Year High
Washington, DC, Nov. 20, 2008--Weekly initial jobless claims rose by 27,000 to 542,000 in the week ending Nov. 15, the highest since July 1992, the Labor Department reported Thursday.