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.

Monster Says Local Online Recruitment Up

Monster Says Local Online Recruitment Up

New York, September 20, 2007--Online job availability rose in 21 of the top 28 U.S. metro markets in August, reflecting a modest rise in online recruitment activity across a majority of major U.S. markets.

Fed Cuts Rates 50 Basis Points

Fed Cuts Rates 50 Basis Points

Washington, DC, September 18, 2007--The Federal Open Market Committee today lowered its target for the federal funds rate 50 basis points to 4 3/4%.

Builder Confidence Drops in September

Builder Confidence Drops in September

Washington, DC, September 18, 2007--Concerns about the substantial inventory of new homes and the effects that deepening mortgage market problems caused builder confidence to decline for a seventh consecutive month in September.

NAR: Fundamentals Support Commercial Real Estate

NAR: Fundamentals Support Commercial Real Estate

Washington, DC, September 18, 2007--Most commercial real estate markets are enjoying relatively low vacancy rates and healthy rent growth from a fundamentally sound economy, according to the National Association of Realtors.

Mohawk CEO on 'Extreme Green Makeover'

Mohawk CEO on 'Extreme Green Makeover'

Dalton, GA, September 19, 2007—Atlanta station WSB-TV featured Mohawk Industries as a part of a prime-time news special, “Extreme Green Makeover,” that aired September 18.

Pfleiderer Expands in Poland

Pfleiderer Expands in Poland

Neumarkt/Grajewo, Poland, September 19, 2007--Pfleiderer Aktiengesellschaft today officially began operations at its new medium density fiberboard (MDF) plant in Grajewo, Poland.

Mortgage Applications Rose Last Week

Mortgage Applications Rose Last Week

Washington, DC, September 19, 2007--The weekly survey by the Mortgage Bankers Association (MBA) showed a 2.4% increase in mortgage applications over the previous week.