Small Business Optimism Ticked Down 2 Points to 89.9 in January
Washington, DC, February 13, 2024—The NFIB Small Business Optimism Index decreased two points in January to 89.9, marking the 25th consecutive month below the 50-year average of 98.
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.
Southeast Flooring Market Underway Now in Atlanta
Atlanta, GA, February 8, 2024-The Southeast Flooring Market kicked off yesterday, welcoming 34 exhibitors, roughly half of whom were new to the market.
Construction Backlog Declined to 8.4 Months in January
Washington, DC, February 13, 2024—Associated Builders and Contractors’ construction backlog indicator declined to 8.4 months in January, according to an ABC member survey conducted from January 22 to February 4.
Ceramic Imports Declined 8.2% YOY in 2023
New York, NY, February 12, 2024—In 2023, total U.S. imports of ceramic were 185.7 million square meters, a decline of 8.2% from the year 2022 when imports were 202.3 million square meters, according to Grosser Consulting.
Hymmen Granted Two Digital Embossing Patents
Turnhout, Belgium, February 12, 2024—I4F, a group of companies providing patents and technologies to the flooring industry, announced that its digital printing technology partner, Hymmen, has received two new patent grants from the European Patent Office as well as the Chinese Intellectual Property Office.
HTMX Launches Aspecta Contract
Norwalk, CT, February 12, 2024—HMTX Industries has announced the creation of the Aspecta Contract sub-brand, a move that adds definition to its North American business.
Mohawk Sales Declined 1.4% in Q4 2023, Earnings Positive
Calhoun, GA, February 9, 2024-Mohawk announced net sales for Q4 2023 were $2.6 billion, a decrease of 1.4% compared to net sales of $2.7 billion in the same period last year.
Dodge Momentum Index Inched Up 0.1% in January
Bedford, MA, February 9, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network (DCN), rose 0.1% in January to 184.1 (2000=100) from the revised December reading of 183.9.
CT Flooring Subcontractor Arrested for $500K in Material Theft
New Haven, CT, February 9, 2024—Jhon Escobar, 47, of West Haven, Connecticut, subcontractor for a local flooring company, has been arrested after allegedly stealing close to $500,000 worth of flooring materials, according to North Haven police,” reports NBC Connecticut.
In Q4, Housing Affordability Held Steady at 37.7%
Washington, DC, February 8, 2024-Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing affordability in the fourth quarter of 2023 virtually unchanged from the previous quarter and holding near its lowest level in more than a decade.