Mortgage Application Volume Edges Up
New York, NY, Nov. 2, 2011 -- Mortgage application volume was little changed last week as purchase demand improved but refinancing activity dipped, 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.
Oxi Fresh Recognized for Growth
Lakewood, CO, Nov. 2, 2011 -- Carpet cleaning franchise Oxi Fresh was listed as a Top 100 company for Consumer Products and Services in the September issue of Inc. Magazine's Annual "Inc. 500/5000" list.
Construction Spending Rises in September
Washington, DC, Nov. 1, 2011 -- Construction spending rose 0.2% in September, the Commerce Department reported Tuesday.
Manufacturing Expands for 27th Straight Month
Tempe, AZ, Nov. 1, 2011 -- Economic activity in the manufacturing sector expanded in October for the 27th consecutive month, according to the latest Manufacturing ISM Report On Business.
Americhem Adds Synthetic Turf Pilot Line
Cuyahoga Falls, OH, Nov. 1, 2011 -- Americhem said it has recently added a synthetic turf filament pilot line to its product development laboratories in Dalton, Georgia.
Oil Prices Fall as Europe Concerns Grow
New York, NY, Nov. 1, 2011 -- Oil prices fell below $91 a barrel Tuesday as concerns about the European debt crisis grew.
Analyst Still Likes Armstrong Stock
New York, NY, Nov. 1, 2011 -- Stifel-Nicolaus has a "buy" rating on the stock of Armstrong World Industries despite weaker than expected third quarter sales.
Armstrong Third Quarter Income Rises
Lancaster, PA, Oct. 31, 2011 -- Armstrong World Industries said its third quarter net income more than doubled from a year ago.
Mohawk Closing Georgia Spun Yarn Plant
Calhoun, GA, Oct. 31, 2011 -- Mohawk Industries said it will close its spun yarn plant in Rome, Ga. later this year.
Home Prices Likely To Keep Falling
New York, NY, Oct. 31, 2011 -- Home prices are likely to keep falling until the middle of next year, according to Fiserv, a financial analytics company.