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.

Housing Starts Declined 14.7% in March, Down 4.3% YOY

Housing Starts Declined 14.7% in March, Down 4.3% YOY

Washington, DC, April 16, 2024- Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,321,000, 14.7% below the revised February estimate of 1,549,000 and is 4.3% below the March 2023 rate of 1,380,000, according to the U.S. Census Bureau.

CP Build Acquires Precision Carpentry and Design

CP Build Acquires Precision Carpentry and Design

Salt Lake City, April 16, 2024—CP Build Enterprises, an interior subcontractor specializing in large multi-family and commercial projects, announced the acquisition of Precision Carpentry and Design, based in Phoenix, Arizona.

Wall Street Hoping OPEC Will Keep Oil Prices Under $100/Barrel

Wall Street Hoping OPEC Will Keep Oil Prices Under $100/Barrel

New York, NY, April 16, 2024-"The specter of a widening war in the Middle East has put $100-a-barrel oil back on the table,” reports the Wall Street Journal. “But Wall Street is looking elsewhere in the region for hints about how high prices could go.