Initial Jobless Claims Edge Up
Washington, DC, Aug. 22, 2013 -- Initial claims for unemployment benefits edged higher to 336,000 but remained near their lowest level since 2007.
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.
Existing Home Sales Rise More Than Expected
Washington, DC, Aug. 21, 2013 -- Existing-home sales in July rose 6.5% to a seasonally adjusted annual rate of 5.39 million, the highest level since late 2009, according to the National Association of Realtors.
Lowe's Rides Housing Rebound to Higher Profit
Mooresville, NC, Aug. 21, 2013 -- Lowe's reported that its second-quarter net income rose 26%, thanks to the housing market recovery.
Harris Wood Floors Updates Marketing Items
Boca Raton, FL, Aug. 21, 2013 -- Harris Wood Floors, part of QEP Company, has updated it marketing materials and is introducing the Harris Wood Magazine.
Tate, Interface Partner on Access Floor Product
Jessup, MD, Aug. 21, 2013 -- Raised flooring supplier Tate said it has partnered with carpet tile maker Interface, Inc. to incorporate Interface products into Tate’s PosiTile carpet tile product for access floors.
Toll Brothers Reports Jump in Sales
Horsham, PA, Aug. 21, 2013 -- Luxury homebuilder Toll Brothers reported a 24% increase in third quarter revenue.
NWFA Holding Sand and Finish Course
St. Louis, MO, Aug. 21, 2013 -- The National Wood Flooring Association and Chattahoochee Technical College will hold a Wood Flooring Technology Basic Sand & Finish class Oct. 8-10 in Marietta, Georgia.
Mortgage Application Volume Down Again
Washington, DC, Aug. 21, 2013 -- Mortgage application volume fell again last week, falling 4.6% from the week before, the Mortgage Bankers Association said Wednesday.
Connor Sports Flooring Gets Michigan Award
Amasa, MI, Aug. 21, 2013 -- Connor Sports Flooring has been named Michigan Agriculture Exporter of the Year.
Home Depot 2Q Results Better Than Expected
Atlanta, GA, Aug. 20, 2013 -- Home Depot raised its outlook for the fiscal year as it reported second quarter results.