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.

Nonresidential Construction Spending to Increase by 4% in 2018

Nonresidential Construction Spending to Increase by 4% in 2018

Washington, DC, February 9, 2018—Despite labor shortages and rising material costs that continue to impact the construction sector, construction spending for nonresidential buildings is projected to increase 4% this year and continue at that pace of growth through 2019, according to the American Institute of Architects (AIA) semi-annual Consensus Construction Forecast.

Chinese Plywood Firms File Appeal On Antidumping Duties

Chinese Plywood Firms File Appeal On Antidumping Duties

Washington, DC, February 9, 2018—As expected, Chinese plywood producers, exporters and domestic importers have filed appeals at the U.S. Court of International Trade relating to antidumping duties levied against them, according to the Hardwood, Plywood & Veneer Association (HPVA).

Housing Affordability Remained Flat Through 2017

Housing Affordability Remained Flat Through 2017

Washington, DC, February 8, 2018—Data for all four quarters of 2017 show housing affordability remaining essentially flat throughout the year, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).

American OEM Presents Herregan with American Spirit Award

American OEM Presents Herregan with American Spirit Award

Burns, TN, February 8, 2018—American OEM Wood Floors (American OEM) awarded Herregan Distributors out of Eagan, Minnesota the 2017 American Spirit Award, which represents the company’s top-selling distributor from the previous year.

Housing Market Made Modest Gains in Q4 as Permits Slipped

Housing Market Made Modest Gains in Q4 as Permits Slipped

Washington, DC, February 7, 2018—Overall housing and economic activity in metro markets across the nation remained on a gradual, upward trend in the fourth quarter of 2017 even as permit activity remained a stubbornly lagging indicator, according to the National Association of Home Builders/First American Leading Markets Index (LMI).

IIDA's Interior Design Compensation Report Released

IIDA's Interior Design Compensation Report Released

Chicago, IL, February 7, 2018—The International Interior Design Association (IIDA) released largely favorable results from its Interior Design Compensation Report, an analysis of salary and benefit information that enables leaders in design to monitor the health of the industry, inform strategic business and hiring decisions, and recruit and retain top talent.

Home Prices Rose 6.6% YOY in December

Home Prices Rose 6.6% YOY in December

Irvine, CA, February 6, 2018—Home prices nationally increased year over year by 6.6% from December 2016 to December 2017, and on a month-over-month basis home prices increased by 0.5% in December 2017 compared with November 2017, according to the CoreLogic Home Price Index (HPI).