More Economists Bullish on Labor Market
New York, NY, Jan. 3, 2011 -- After three years of economic pain, a growing number of economists think 2011 will finally bring more jobs and a recovery, according to a story by CNN.
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.
Omnova Solutions To Raise Prices
Fairlawn, OH, Jan. 3, 2011--Omnova Solutions said it will increase prices by $0.05 per dry pound for all styrene butadiene emulsion polymers and $0.05 per wet pound for all acrylic, styrene acrylic and vinyl acrylic emulsion polymers.
Alexandria Carpet One Wins Angie's List Award
Alexandria, VA, Jan. 3, 2011 -- Alexandria Carpet One Floor & Home has been awarded the 2010 Angie’s List Super Service Award.
Initial Jobless Claims Lowest Since July 2008
Washington, DC, Dec. 30, 2010 -- Initial jobless claims fell last week to the lowest level in nearly two and a half years, the Labor Department said.
Pending Home Sales Rise in November
Washington, DC, Dec. 30, 2010 -- Pending home sales rose 3.5% in November, according to the National Association of Realtors.
Chicago Manufacturing Index Surges in December
Chicago, IL, Dec. 30, 2010 -- The Chicago Purchasing Managers Index climbed to 68.6 in December, compared to November's reading of 62.5.
Chicago FCA Names Dealer of The Year
Naperville, IL, Dec. 30, 2010 -- Steve Chirico, president of Great Western Flooring, was named Dealer of the Year by the Chicago Floor Covering Association.
Big Banks Begin to Increase Business Lending
New York, NY, Dec. 30, 2010 -- Some big U.S. banks are starting to increase their business lending, according to the Federal Reserve.
Government Says Foreclosures Rose in Summer
Washington, DC, Dec. 30, 2010 -- Home foreclosures rose over the summer after fewer people at risk received assistance lowering their monthly mortgage payments, according to Office of the Comptroller of the Currency and Office of Thrift Supervision.
Mortgage Rates Highest in Seven Months
Washington, DC, Dec. 30, 2010 -- The average rate on 30-year fixed mortgages rose this week to the highest level in seven months, according to Freddie Mac.