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.
New York, NY, September 18, 2025-"The Federal Reserve cut interest rates by a quarter point on Wednesday and released economic projections that suggested two further rate cuts in 2025. Markets rallied before ending mixed,” according to the Wall Street Journal.
Clemson, SC, September 18, 2025-The Tile Council of North America (TCNA) has announced the successful conclusion of its recent TCNA Handbook Committee meeting, held earlier this month.
New York, NY, September 18, 2025—"With the Federal Reserve in cutting mode, many people expect mortgage rates to fall fast. Unfortunately, it isn’t that simple,” reports the Wall Street Journal.
Atlanta, GA, September 18, 2025—DCO Commercial Floors has announced the promotion of Jeff Thomas and David Aronstein to the role of vice president of projects.
Washington, DC, September 18, 2025—In the week ending September 13, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 33,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, September 17, 2025-Mortgage applications increased 29.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 12, 2025.
Washington, DC, September 17, 2025-- Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,307,000, 8.5% below the revised July estimate of 1,429,000 and 6.0% below the August 2024 rate of 1,391,000, according to the U.S Census Bureau.
Anchorage, AK, September 17, 2025-At its fall meeting in Anchorage, Alaska, the National Floorcovering Alliance honored The Dixie Group’s Bill Waters, regional vice president-central U.S., and Ann McDermott, vice president of national accounts for Shaw, upon their retirements.
Chicago, IL, September 17, 2025—"The U.S. economy is running more and more on luxury fuel—the spending power of the wealthy,” reports News Nation.
Washington, DC, September 16, 2025—Builder confidence in the market for newly built single-family homes was 32 in September, unchanged from the August reading, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).