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.

Mortgage Apps Up Slightly Last Week

Mortgage Apps Up Slightly Last Week

Washington, DC, September 5, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 31, 2007.

July Construction Spending Off 0.4%

July Construction Spending Off 0.4%

Washington, DC, September 4, 2007—Construction spending dropped 0.4% in July to an annual rate of $1.17 trillion, following a revised gain in June of 0.1%, according to the Commerce Department.

Home Depot To Buy Back 289 Million Shares

Home Depot To Buy Back 289 Million Shares

Atlanta, GA, September 4, 2007—Home Depot today announced the preliminary results of its modified "Dutch Auction" tender offer, which expired at 5 p.m. on Friday, August 31, 2007.

Home Depot’s COO Resigns

Home Depot’s COO Resigns

Atlanta, GA, September 4, 2007--Home Depot said its chief operating officer, who oversaw the company's wholesale distribution business, has resigned following the sale of the unit to a group of private equity firms.

U.S. Workers: World's Most Productive

U.S. Workers: World's Most Productive

Geneva, Switzerland, September 4, 2007--American workers stay longer in the office, at the factory or on the farm than their counterparts in Europe and most other rich nations, and they produce more per person over the year.