Breaking Flooring News

Buyers Turning to New Homes Due to Low Existing Home Inventory

Washington, DC, June 2, 2023—More Americans are turning to new home construction as existing inventory remains low and mortgage rates begin to stabilize, reports the National Association of Home Builders (NAHB).

Employment Rose by 339,000 in May, Unemployment Also Rose

Washington, DC, June 2, 2023—Total nonfarm payroll employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7%, the U.S. Bureau of Labor Statistics reported.

Ardex Launches System Selector Tool

Aliquippa, PA, June 2, 2023—Ardex has launched the Ardex System Selector, an easy way to create a complete product system in no time and the newest addition to Ardex’s digital footprint.

Construction Spending Rose 1.2% in April

Washington, DC, June 1, 2023—Construction spending during April 2023 was estimated at a seasonally adjusted annual rate of $1,908.4 billion, 1.2% above the revised March estimate of $1,885.0 billion, according to the U.S. Census Bureau. The

Mannington Commercial Appoints Cindy Kaufman as VP of Marketing

Calhoun, GA, June 1, 2023-Mannington Commercial has named Cindy Kaufman as its new vice president of marketing, effective today.

Labor Productivity Declined 2.1% in Q1 2023

Washington, DC, June 1, 2023—Nonfarm business sector labor productivity decreased 2.1% in Q1 2023, the U.S. Bureau of Labor Statistics reported today, as output increased 0.5% and hours worked increased 2.6%.

Private Sector Employment Ros by 278,000 in May

Roseland, NJ, June 1, 2023—Private sector employment increased by 278,000 jobs in May and annual pay was up 6.5% year-over-year, according to the May ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.

NWFA Inducts Tito Boror into Legacy Scholarship Program

St. Louis, MO, June 1, 2023-The National Wood Flooring Association (NWFA) has inducted Jorge "Tito" Boror, the business manager at Lobasand, into its Legacy Scholarship program through the NWFA Education and Research Foundation (NERF).

Floors and More to Hold Summer Convention in Boston This August

Ocala, FL, June 1, 2023-In line with the baseball theme of Floors and More’s summer convention, being held August 8 to 10 in Boston, Massachusetts, the focus will be on helping members achieve “home runs” in their business.

Unilin Forms Licensing Agreement with Camsan Ordu

Waregem, Belgium, June 1, 2023—Unilin Technologies, the IP and technology division of Mohawk Industries, has announced the signing of the licensing agreement with Camsan Ordu, a Turkish manufacturer in the board industry that will start the production of laminate flooring.

Purchasing Managers' Index Inched Up to 46.9% in May

Tempe, AZ, June 1, 2023—The May Manufacturing Purchasing Managers’ Index (PMI) registered 46.9%, 0.2 percentage point lower than the 47.1% recorded in April, according to the latest Manufacturing ISM Report On Business.

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