Fed Indicates Interest Rate Increase Is Coming
Washington, DC, March 19, 2015—The Federal Reserve opened the door to an interest-rate increase as soon as June, while also indicating it will go slow once it gets started, reports Bloomberg.
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.
Foreclosure Activity at Lowest Rate in Nearly Nine Years Last Month
Irvine, CA, March 19, 2015—Foreclosure activity fell 4.3% to the lowest rate in nearly nine years in February, according to RealtyTrac, with banks starting the process on fewer homes and scheduling fewer auctions than the previous month.
Tate Launches New Brand of Floor Finishes
Jessup, MD, March 19, 2015—Raised access flooring firm Tate is introducing Tate Signatures, a new brand of factory laminated access floor finishes.
Tandus Centiva Offers Service Hours to Community
Dalton, GA, March 19, 2015—As part of Tandus Centiva’s 2015 annual sales meeting, the company partnered with West Zephyrhills Elementary, Joshua House and Sunrise Domestic Violence Shelter to offer service hours.
Architectural Billings Rose in February
Washington, DC, March 18, 2015—The Architectural Billings Index rose to 50.4 in February, says the American Institute of Architects.
NeoCon East Seminar Proposal Acceptance Closes Soon
Chicago, IL, March 18, 2015—NeoCon East 2015 seminar proposals are due April 1, 2015.
Portland Airport Turns Old Carpet into Collector Items
Portland, OR, March 18, 2015—Portland International Airport (PDX) is replacing its current carpet, which has, over its 30 years installed, achieved an iconic status in pop culture, and a portion of the removed carpet will be upcycled into souvenir items.
Fuse Releases 2014 Supplier & Member Awards
Laguna Niguel, CA, March 18, 2015—Fuse Alliance has announced its 2014 annual supplier and member awards.
Housing Starts Fell in February
New York, NY, March 17, 2015—U.S. housing starts fell 17% in February to their lowest level in a year, likely due to harsh weather, according to the Commerce Department.
Coverings Announces Seminar Schedule
Alexandria, VA, March 17, 2015—Coverings has unveiled its conference session schedule. The trade show will be held April 14-17 at the Orange County Convention Center in Orlando, Florida with conference sessions beginning April 13.