Initial Jobless Claims Edge Higher
Washington, DC, July 25, 2013 -- Initial claims for unemployment benefits last week rose by 7,000 to 343,000 from a revised 336,000 the week before, according to the Labor Department.
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.
Durable Goods Orders Rise in June
Washington, DC, July 25, 2013 -- Durable goods order rose in June because of higher aircraft demand as orders for other goods were flat.
League of Hard Flooring Professionals Forms
New York, NY, July 15, 2013 -- An organization called the League of Hard Flooring Professionals, a non-profit group focused on hard surface flooring and floor care, has been formed.
May New Home Sales Rise Sharply
Washington, DC, July 24, 2013 -- Sales of new homes rose 8.3% in June to an annual rate of 497,000, the highest level in more than five years, according to the Commerce Department.
AIA Billings Index Still Showing Growth
Washington, DC, July 24, 2013 -- The Architecture Billings Index remained positive again in June after the first decline in ten months in April.
Lumber Liquidator Reports Higher Income, Sales
Toano, VA, July 24, 2013 -- Lumber Liquidators reported second quarter net income of $20.4 million, or $0.73 per share, up 67.7% $12.2 million, or $0.43 per share, in the second quarter of 2012.
Mortgage Application Volume Falls
Washington, DC, July 24, 2013 -- Mortgage application volume last week fell 1.2% from a week earlier, according to Mortgage Bankers Association.
Tate Marks 50th Anniversary
Jessup, MD, July 24, 2013 -– Raised access flooring firm Tate is celebrating 50 years in the access floor industry.
Home Prices Continue to Increase
Washington, DC, July 23, 2013 -- U.S. home prices continued to rise from April to May, with an increase of 0.7%, according to the Federal Housing Finance Authority.
Real Estate Investors Cooling on Homes
Washington, DC, July 23, 2013 -- There are signs that investors are cooling on the distressed housing market, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.