Major Mortgage Firms Suspending Foreclosures
New York, NY, Oct. 8, 2010--Three major mortgage lenders have said they are suspending foreclosures in the 23 states where they first need a judge’s approval, the New York Times reported today.
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.
NFIB Economist Takes Aim at Washington
Washington, DC, Oct. 8, 2010--Willliam Dunkelberg, chief economist for the National Federal of Independent Business, issued a written statement on September's job numbers based on the NFIB's monthly survey to be released next week.
Karastan Products Featured in Showtime House
Dalton, GA, Oct. 8, 201--Karastan products are featured in the 2010 Showtime House, a New York City show home that reflects the network’s hit shows.
India Carpet Exports Down in September
New Delhi, India, Oct. 8, 2010--India's carpet exports declined to $75.98 million in September, compared to $76.01 million in the same period last year, on less demand from the U.S. and European markets.
September Chain Store Sales Higher Than Expected
New York, NY, Oct. 8, 2010--September figures for chain store sales were higher than expected, retailers said Thursday.
Job Cuts Total 95,000 in September
Washington, DC, Oct. 8, 2010--Employers cut more jobs than expected in September, as state and local governments shed workers during the month.
Consumer Debt Falls Seventh Straight Month
Washington, DC, Oct. 8, 2010--Consumer debt declined in August for the seventh month in a row, the Federal Reserve reported Thursday.
Carpet Recyclers Sets Up California Facilities
Fullerton, CA, Oct. 7, 2010--The Carpet Recyclers has opened its first two carpet recycling facilities in Oakland and La Mirada California to serve Northern and Southern California.
Initial Jobless Claims Fall to Three Month Low
Washington, DC, Oct. 7, 2010--Initial jobless claims fell 11,000 to 445,000 last week, the lowest level since early July, the U.S. Labor Department reported Thursday.
GE Capital Acquisition Affects Flooring Industry
Norwalk, CT, Oct. 7, 2010--GE Capital said it has acquired sales finance portfolios from Citi Retail Partner Cards.