Consumer Sentiment Surges in October
Ann Arbor, MI, October 16, 2015—Consumer sentiment rose 5.6% in October to 92.1, according to preliminary results by the University of Michigan Survey of Consumers.
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.
Applications for Initial Jobless Claims Reach 42-Year Low
Washington, DC, October 16, 2015— In the week ending October 10, the advance figure for seasonally adjusted initial claims was 255,000, a decrease of 7,000 from the previous week's revised level, according to the Department of Labor.
Americans Think Home Ownership Is a Sound Investment
Washington, DC, October 16, 2015—A vast majority of Americans believe that buying a home is a solid financial decision, according to the National Association of Realtors.
Bentley Recognized by DOE for Energy Savings
Industry, CA, October 16, 2015—Bentley Mills is one of nine manufacturers recently recognized by the U.S. Department of Energy’s (DOE) for its energy savings accomplishments.
Third Quarter Foreclosure Activity Increases Year over Year in 32 States
Irvine, CA, October 16, 2015—There were a total of 327,258 U.S. properties with foreclosure filings in the third quarter of 2015, down 5% from the previous quarter, according to RealtyTrac’s Q3 and September 2015 U.S. Foreclosure Market Report.
Industrial Production Down for Second Month in September
Washington, DC, October 16, 2015—Industrial production decreased 0.2% in September after edging down 0.1% in August, according to the Federal Reserve.
Construction Material Prices Down in September
Washington, DC, October 15, 2015—Construction materials prices fell 1.6% in September and 5.3% year over year, according to the Bureau of Labor Statistics.
Consumer Price Index Falls 0.2%, Largely due to Gasoline
Washington, DC, October 15, 2015—The Consumer Price Index for All Urban Consumers decreased 0.2% in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported.
Commercial Property Prices Surpass November 2007 Peak
New York, NY, October 15, 2015—The all-property composite index of commercial properties prices has surpassed the November 2007 peak for the first time on an inflation-adjusted basis, according to a report by the National Real Estate Investor.
IIDA Announces Details for 2016 Advocacy Symposium
Denver, Colorado, October 15, 2015—The International Interior Design Association (IIDA) has announced that its second annual Advocacy Symposium will be held at the Grand Hyatt Hotel in Denver, Colorado on September 23 to 25, 2016.