Zwicker Named J.J. Haines President & CEO
J. J. Haines & Company, Inc., the second largest full line distributor of floor covering in the U.S., announced that Bruce A. Zwicker has been promoted to the position of President and CEO.
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.
Survey: Residential Mortgage Delinquencies Increas
Washington, DC, March 17, 2006--The delinquency rate for mortgage loans on one-to-four-unit residential properties was 4.70 percent at the end of the fourth quarter, up from 4.38 percent in the fourth quarter of 2004 and 4.44 percent in the third quarter
Toll Brothers CEO Sees Real Estate Growth
Horsham, PA, March 17, 2006-- Predictions of doom and gloom in the housing market are overblown and there is still room for real estate to grow as long as mortgage rates stay near historical lows, according the head of Toll Brothers, the nation's larg
Industrial Production Up 0.7% in February
Washington, D.C., March 17, 2006--Industrial production increased 0.7% in February, according to the Federal Reserve.
Solutia Completes Extension & Upsizing DIP Financi
St. Louis, MO, March 17, 2006--Solutia Inc., today announced it has successfully completed the extension and upsizing of its debtor-in-possession (DIP) credit facility at a reduced interest rate.
Builder Confidence Slides One Point in March
Washington, DC, March 16, 2006--A one-point decline in the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for March indicates that housing demand and sales are gradually returning to a sustainable pace.
Consumer Prices Inch Up 0.1% in February
Washington, DC, March 16, 2006--The consumer price index rose 0.1% in February, as falling prices for energy, food and clothing offset higher prices for medical care, shelter and air fares.
ASID Releases Five White Papers at INTERIORS 06
Washington, DC, March 16, 2006--The American Society of Interior Designers has announced the release of five new professional white papers, research studies and marketing publications.
Housing Starts Off 7.9% in February
Washington, DC, March 16, 2006--According to a report from the Commerce Department, housing starts fell 7.9% in February to a seasonally adjusted annual rate of 2.042 million housing starts.
NAR Calls for Swift Passage of Healthcare Legislat
Washington, DC, March 16, 2006--The National Association of Realtors called for swift passage today of the small business health care legislation.