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, December 13, 2006--The level of commercial/multifamily mortgage debt outstanding grew by 2.9 percent in the third quarter, reaching $2.845 trillion, according to the Mortgage Bankers Association (MBA) analysis of the Federal Reserve Board
New York, NY, December 12, 2006--Chain store sales rose 3.2% for the week ended Dec. 9, compared to the year-ago period, according to a survey released Tuesday by the International Council of Shopping Centers Inc. and UBS Securities LLC.
Palm City, FL, December 12, 2006--International Wholesale Tile Inc. (IWT), a distributor and merchandiser of ceramic, porcelain and natural stone, floor and wall coverings, opened its brand new tile studio facility in Palm City, Florida last month.
New York, NY, December 12, 2006--Moody's Investors Service placed Furniture Brands International Inc.'s 'Baa3' rating under review for possible downgrade Monday.
London, England, December 12, 2006--Carpet and flooring retailer Carpetright reported a continuing rise in profits for the first half and said the laminate market appears to have stabilised after a couple of tough years.
Federal Way, WA, December 8, 2006--Weyerhaeuser has said that challenging market conditions necessitate further actions, which the company said could include closures, curtailments and restricted operating postures.
Atlanta, GA, December 7, 2006--Surya Rugs, Inc, manufacturer of handmade area rugs, has expanded its AmericasMart showroom to 6,000 square feet of AmericasMart. Surya’s expansion continues the sixth floor’s growth momentum.
New York, NY, December 7, 2006--The Monster Employment Index rose three points to a level of 175 in November, demonstrating stepped-up U.S. online recruitment activity as employers increased their year-end and holiday season hiring efforts.
Washington, DC, December 6, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 1.
Atlanta, GA, December 6, 2006—Wools of New Zealand has appointed Steven Parsons international product development manager.