Existing Home Sales Decline in June, Up Over 2011
Washington, DC, July 19, 2012 -- Home resales in June fell 5.4%, according to the National Association of Realtors.
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.
Safavieh Adds Warehouse Space
Port Washington, NY, July 19, 2012 -- Area rug firm Safavieh has purchased a 300,000-square-foot facility in Easton, Pa.
Jobless Claims Rise on Auto Seasonality
Washington, DC, July 19, 2012 -- Initial applications for unemployment benefits rose 34,000 to 386,000 last week, according to the Labor Department.
Older Americans Hard Hit by Foreclosures
Washington, DC, July 19, 2012 -- Older Americans have been among the hardest hit by the foreclosure crisis, according to a report by AARP based on mortgage data from 2007 through 2011.
Coverings Forms Attendee Advisory Council
Alexandria, VA, July 19, 2012 -- The Coverings trade show will be held for the first time in Atlanta next year.
Mid-Atlantic Manufacturing Contracts in July
Philadelphia, PA, July 19, 2012 -- Manufacturing activity in the mid-Atlantic area contracted in July but at a slower pace than in June, according to the Federal Reserve Bank of Philadelphia.
Housing Starts Surge in June, Permits Dip
Washington, DC, July 18, 2012 -- Housing starts rose more than expected in June to the fastest pace since October 2008, according to the Commerce Department.
NSF, Flooring Associations Define LCA Rule
Ann Arbor, MI, July 18, 2012 -- NSF International collaborated with multiple flooring trade associations to develop a product category rule for the flooring industry defining how to conduct a life cycle assessment.
Surya Named Rugs Direct Partner of Year
Calhoun, GA, July 18, 2012 -- Rug maker Surya was named Partner of the Year by Internet retailer Rugs Direct.
Dean Hardwoods Closes
Leland, NC, July 18, 2012 -- Exotic hardwood flooring maker Dean Hardwoods has closed.