Unlin Licenses Technology to Four Chinese Firms
Luxembourg, April 16, 2008 – Flooring Industries Ltd., the intellectual property arm of the Unilin Group, said it has reached settlement and license agreements with four new Chinese companies.
Today's Flooring News
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Unilin Settles with Power Dekor, Ends Litigation
Bertrange, Luxembourg, April 17, 2008—Unilin said it has concluded a settlement and a license agreement with Power Dekor.
House Construction Falls to 17-Year Low
Washington, DC, April 16, 2008—Home construction fell sharply in March to the lowest level in 17 years, according to the Commerce Department.
Mortgage Applications Rise on Refinancing
Washington, DC, April 16, 2008— Mortgage applications were up 2.5 percent for the week ending April 11, according to the Mortgage Bankers Association weekly survey.
Oil Continues Torrid Pace, Moves Past $114
Washington, DC, April 16, 2008— Oil hit a new record high above $114 a barrel on Wednesday on speculation and continuing weakness in the dollar.
Consumer Prices Rise in March, Meet Forecasts
Washington, DC, April 16, 2008— Consumer prices rose last month as increases in energy, food and airline tickets offset the biggest drop in clothing prices in years.
Homebuilder Sentiment Falls to 15-Year Low
Washington, DC, April 15, 2008--Homebuilder confidence fell to a 15-year low in March, the National Association of Home Builders said on Tuesday.
New York Fed Reports Stronger Orders, Shipments
New York, NY, April 15, 2008—The New York Federal Reserve reported stronger orders and shipments for manufacturers in New York state.
Foreclosures Up Sharply, Worst Still to Come
Irvine, CA, April 15, 2008--Foreclosures are continuing to rise and the worst is likely still yet to come, according to RealtyTrac Inc., which tracks the foreclosure market.
NAHB Economist Says Recession Is Underway
Washington, DC, April 15, 2008-- April 15, 2008 - The deepening slump in the nation’s housing markets has pushed the economy into a mild recession, according to the chief economist for the National Association of Home Builders.