Mortgage Applications Down as Rates Rise
Washington, DC, May 22, 2013 -- Mortgage application volume dropped last week by the most in almost five months as interest rates rose, according to the Mortgage Bankers Association.
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.
CraftCroswell Marks 40th Anniversary
Ridgeland, MS, May 22, 2013 -- Commercial flooring contractor CraftCroswell, Inc. recently marked its 40th anniversary with an event at the Mississippi Museum of Art March 28.
Housing Recovery Spurs Home Depot Sales
Atlanta, GA, May 21, 2013 -- The Home Depot reported first quarter net income of $1.2 billion, or $0.83 per share, compared with net earnings of $1.0 billion, or $0.68 per share, a year ago.
FCICA Elects New Board Members
West Bloomfield, MI, May 21, 2013 -– FCICA, the flooring contractors association, has elected three new board of directors for 2013 – 2016 term of office.
Flor Lauches Consumer Design Service
Chicago, IL, May 21, 2013 -- Flor, the carpet design squares company, has launched the Flor Possibility Studio, an interactive service designed to help customers create their own unique Flor composition.
Distributors Name Florida Tile Supplier of Year
Atlanta, GA, May 21, 2013 -- Members of the Ceramic Tile Distributor’s Association recognized the one supplier who provides the most value to CTDA members and the ceramic tile and stone industry.
Armstrong Names Target Recycler of Year
Lancaster, PA, May 21, 2013 -- Armstrong World Industries named retailer Target as its 2012 Flooring Recycler of the Year.
Ceramics of Italy Releases Guide in English
Bologna, Italy, May 21, 2013 -- Ceramica Amica, the consumers’ guide produced by Ceramics of Italy, is now available in English.
Commercial Real Estate Still Faces Challenges
Washington, DC, May 20, 2013 -- Even as the economy picks up and the job market improves, the commercial real estate market faces a number of challenges, according Lawrence Yun, chief economist of the National Association of Realtors.
Economists Predict Higher Consumer Spending
Washington, DC, May 20, 2013 -- Consumer spending is likely to pick up this year, according to a survey by the National Association of Business Economics.