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.
Washington, DC, Aug. 12, 2011 -- Builders in the 55+ housing market are significantly more optimistic about production and demand for multifamily rental units than they are for sales of single-family homes or multifamily condos.
Fresno, CA, Aug. 12, 2011 -- A&M Carpet Inc. has been released from Chapter 11 by a federal judge in Fresno, according to the Fresno Bee.
Sydney, Australia, Aug. 12, 2011 -- Dunlop Flooring has won the Australian Business Award for “Best Eco-Friendly Product” for 2011 for its Dunlop Springtred carpet cushion.
Washington, DC, Aug. 11. 2011 -- Initial applications for unemployment benefits fell last week below 400,000 for the first time in four months, according to the Labor Department.
Irvine, CA, Aug. 11, 2011 -- Foreclosures in the U.S. fell again in July, according to tracking firm RealtyTrac, as banks are taking a more cautious approach.
Washington, DC, Aug. 11, 2011 -- The Obama administration wants to turn thousands of foreclosed properties owned by government-backed entities into rental homes, according to the Wall Street Journal.
Washington, DC, Aug. 11. 2011 -- The U.S. trade deficit increased to $53.1 billion in June from $50.8 billion . It is the widest deficit since 2008, and analysts were looking for a decrease to $48 billion.
Chicago, IL, Aug. 11, 2011 -- Resilient flooring firm Gerflor said it is introducing what it calls "fiber technology" to the market.
Jinjiang, China, Aug. 10, 2011 -- China Ceramics reported second quarter revenue of $57.3 million, up 36.7% from the second quarter of 2010.
Washington, DC, Aug. 10, 2011 -- The Federal Reserve said it will hold interest rates near zero until the middle of 2013.