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.
Philadelphia, PA, March 4, 2015—As fallout of the 60 Minutes report that found some of Lumber Liquidators’ Chinese-made laminate flooring to have excessive levels of formaldehyde, the company’s stock fell 25%, reports Bloomberg Business.
Washington, DC, March 4, 2015—Applications for U.S. home mortgages edged up last week as interest rates dipped according to Mortgage Bankers Association (MBA) figures, Reuters reports.
High Point, NC, March 4, 2015--IMC has announced its seminar schedule for High Point, which runs from April 18-23.
Washington, DC, March 4, 2014—The performance of commercial and multifamily mortgages continued to improve during the fourth quarter, according to data from the Mortgage Bankers Association (MBA), reports Mortgage Servicing News.
Washington, DC, March 3, 2015—Construction spending during January was estimated at a seasonally adjusted rate of $971.4 billion, 1.1% below the revised December estimate of $982.0 billion, reported the U.S. Census Bureau of the Department of Commerce.
Washington, DC, March 3, 2015—U.S. home prices rose 1.1% in January, reports MarketWatch. This amounts to a year-over-year gain of 5.7% says CoreLogic, which conducted the report.
Amsterdam, NL, March 3, 2015—DuPont received the 2015 Bio Business Award for Breakthrough Bio-Based Technology Platform for its Sorona biopolymer at the World Bio Markets Conference awards ceremony in Amsterdam.
Washington, DC, March 3, 2015—U.S. personal spending declined for the second consecutive month in January, reports Nasdaq.
Dalton, GA, March 3, 2015—Shaw employees Kellie Ballew; Reesie Duncan; and Deanna Mathis are being recognized with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Award.
New York, NY, March 2, 2015-- CBS’s 60 Minutes aired a program in which it reported that independent testing of Chinese-made Lumber Liquidators laminate flooring revealed 30 of 31 samples to be noncompliant with formaldehyde emissions standards.