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.

AHF Products Does Sale-Leaseback on Crossville Properties

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

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.

Lauzon Names Éric Larouche Executive Vice President

Papineauville, Quebec, April 25, 2024—Lauzon has appointed Éric Larouche to the position of executive vice president.

Initial Jobless Claims Declined by 5,000 in Week Ending April 20

Washington, DC, April 25, 2024—In the week ending April 20, the advance figure for seasonally adjusted initial claims was 207,000, a decrease of 5,000 from the previous week's unrevised level of 212,000, according to the Department of Labor.

Phoenix's Healthy Home Flooring Has Business License Revoked

Phoenix, AZ, April 25, 2024—Phoenix-based Healthy Home Flooring has racked up 18 complaints with the Arizona Registrar of Contractors, so, the agency has put them out of business by revoking their license, reports Arizona’s Family.

U.S. Hotel Construction Pipeline Hit All-Time High in Q1 2024

Portsmouth, NH April 24, 2024-At the end of Q1, there were 6,065 projects with 702,990 rooms in the pipeline, according to the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE).

Orders for Manufactured Goods Rose 2.6% in March

Washington, DC, April 24, 2024—New orders for manufactured durable goods in March, up two consecutive months, increased $7.3 billion or 2.6% to $283.4 billion, the U.S. Census Bureau announced.

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