Refinancing Falls, Home Purchase Applications Up
Washington, DC, Sept. 8, 2010--Mortgage application volume fell for the first time in six weeks as fewer Americans refinanced.
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ABC Consumer Confidence Index Improves
New York, NY, Sept. 8, 2010--ABC News on Tuesday said its weekly index of U.S. consumer confidence rose in the latest week, though it remains negative.
Chinese Log Imports Growing on Higher Demand
Moscow, Russia, Sept. 8, 2010--Logs imports into Guangdong Province, China from January to July 2010 were 60% higher compared to the same period last year, hitting a record high, ITTO reported.
Recycled Carpet Product Aids Mountain Road Work
Dalton, GA, Sept. 7, 2010--The U.S National Park Service has approved the use of an erosion control product made from discarded carpet in the Great Smoky Mountains National Park.
CRI Approval Program Hits 679 Certified Products
Dalton, GA, Sept. 7, 2010--The Carpet and Rug Institute's Seal of Approval Program has recently certified multiple vacuums, extractors, and deep-cleaning systems .
Six More Rug Firms Join GoodWeave Program
New York, NY, Sept. 7, 2010--Six rug companies recently joined the GoodWeave certification program.
President Supports New Business Tax Breaks
Washington, DC, Sept. 7, 2010--President Barack Obama is backing new tax breaks that would allow businesses to write off 100% of their new capital investments through 2011.
H.B. Fuller Headquarters Gets Architectural Award
St. Paul, MN, Sept. 7, 2010--Adhesives maker H.B. Fuller said that its world headquarters building in Vadnais Heights, Minnesota has received the 2010 American Institute of Architects Minnesota 25-Year Award.
Economy Adds More Jobs in August Than Expected
Washington, DC, Sept. 3, 2010--Nonfarm payrolls expanded by 67,000 in August, higher than the 30,000 gain expected and less than the revised 107,000 private-sector gains in July, according to the Labor Department.
Fed's Lockhart Sees Too Much Economic Pessimism
Johnson City, TN, Sept. 3, 2010--There has been too much negative interpretation of recent economic indicators and the outlook is not as bad as some analysts have suggested, said Dennis Lockhart.