Breaking Flooring News

Mohawk Sales Declined 3.6% in Q1, Earnings Up 31%

Calhoun, GA, April 26, 2024—Mohawk announced net sales of $2.7 billion for Q1 2024, a 3.6% decline from Q1 2023’s $2.8 billion.

April Consumer Sentiment Down 2.8% from March but Up 21.2% YOY

Ann Arbor, MI, April 26, 2024—Consumer sentiment for April declined 2.8% to 77.2 from March, according to final results from the University of Michigan Survey of Consumers.

Personal Income Rose 0.5% in March, Spending Up 0.8%

Washington, DC, April 26, 2024—Personal income increased $122.0 billion (0.5% at a monthly rate) in March, according to estimates released by the Bureau of Economic Analysis.

AHF Products Does Sale-Leaseback on Crossville Properties

Crossville, TN, April 26, 2024-"AHF Products has sold two Crossville, Tennessee, industrial sites totaling five buildings and 919,405 square feet,” reports Commercial Property Executive.

Tarkett Hosts Third Circularity Summit at Serenbe

Solon, OH, April 26, 2024-This month, Tarkett hosted its third annual Circularity Summit, bringing together thought leaders from 14 distinct organizations serving the built environment to collaboratively tackle the challenges of achieving a circular economy.

Välinge Forms Partnership with Parador

Viken, Sweden, April 26, 2024—European flooring company Parador has utilized Välinge Innovation’s 5G installation technology for its upcoming range of engineered wood floors.

Architecture Billings Index Declined to 43.6 in March

New York, NY, April 25, 2024-- Business conditions at architecture firms softened in March, as the AIA/Deltek Architecture Billings Index (ABI) score declined to 43.6 for the month.

Q1 2024 GDP Slowed to 1.6%

Washington, DC, April 25, 2024—Real gross domestic product (GDP) increased at an annual rate of 1.6% in Q1 2024, according to the advance estimate released by the Bureau of Economic Analysis.

Pending Home Sales Rose 3.4% in March

Washington, DC, April 25, 2024—Pending home sales in March climbed 3.4%, according to the National Association of Realtors.

Coverings Names Winners of 2024 Best Booth Awards

Atlanta, GA, April 25, 2024––Coverings (coverings.com), North America’s preeminent event for the ceramic tile and natural stone industry, has announced the winners of its 2024 Best Booth Awards.