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, Dec. 1, 2008--The mortgage industry set a record for the number of mortgage workouts done in October, according to Hope Now, an alliance of mortgage servicers, counselors and investors working to help homeowners avoid foreclosure.
Tempe, AZ, Dec. 1, 2008 -- Manufacturing output in the U.S. contracted in November at the fastest pace in 26 years, according to the Institute for Supply Management.
New York, NY, Dec. 1, 2008--Last week's sharp drop in mortgage rates is prompting a flurry of refinancing activity.
Washington, DC, Dec. 1, 2008--U.S. construction spending fell 1.2 percent in October after the prior month was revised to unchanged, a Commerce Department report showed on Monday.
Las Vegas, NV, Dec. 1, 2008--The Las Vegas Design Center will host “Sustainable Footprints” on Wednesday, Dec. 10. It's open to trade professionals and connoisseurs of design.
Calhoun, GA, Nov. 25, 2008--Flooring company Home Legend Inc. of Chino, Calif. is moving its corporate decision-making offices from California to Calhoun, Ga.
Anderson, SC, Nov. 26, 2008--Rug manufacturer Orian Rugs was recently presented with two awards related to its manufacturing practices at its headquarters.
Washington, DC, Nov. 26, 2008--Mortgage applications rose a seasonally adjusted 1.5% last week, due to a bump in loans sought for home purchases, the Mortgage Bankers Association reported on Wednesday.
Stuart, VA, Nov. 26, 2008--Stuart Flooring Corp., a manufacturer of unfinished hardwood strip flooring, eliminated 60 jobs last week, according to the Martinsville Bulletin newspaper.
Washington, DC, Nov. 26, 2008--Initial jobless claims fell back in the latest week, the Labor Department said Wednesday, but remained above 500,000.