Inaugural Flooring Sustainability Summit Slated for July in DC
Arlington, VA, January 31, 2024—Flooring industry leaders have announced the first-of-its-kind inaugural Flooring Sustainability Summit on July 17 and 18 in Washington, D.C.
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Mortgage Applications Declined 7.2% in Week Ending January 26
Washington, DC, January 31, 2024—Mortgage applications decreased 7.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 26, 2024.
Las Vegas Market Showcases Area Rug Trends
Las Vegas, NV, January 31, 2024-Known as the West Coast’s largest buying event for home-related goods and gifts, the Las Vegas Market features a number of well-known rug brands, including Loloi, Nourison and Unique Loom.
Construction Worker Shortage Estimated at 501,000
Washington, DC, January 31, 2024—The construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors.
Private Sector Employment Rose by 107,000 in January
Roseland, NJ, January 31, 2024—Private sector employment increased by 107,000 jobs in January, and annual pay was up 5.2% year-over-year, according to the January ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Unilin Receives Mixed Results on Patent Action Against Vilox
Waregem, Belgium, January 31, 2024—On January 30, the U.S. Customs and Border Protection (CBP) ruled that a specific non-foamed SPC product from a single Vilox licensee is not covered by the three patents asserted in the 2019 Unilin ITC action.
Home Prices Rose 5.1% YOY in November, Says S&P Case-Shiller
Washington, DC, January 30, 2024-Home prices made a 5.1% annual gain in November, up from a 4.7% rise in the previous month, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported.
Job Openings Little Changed in December at Nine Million
Washington, DC, January 30, 2024-- The number of job openings changed little at 9.0 million on the last business day of December, the U.S. Bureau of Labor Statistics reported.
Mannington Names Amoroso Chief of Staff, Office of the CEO
Salem, NJ, January 30, 2024— Betsy Amoroso has been promoted to chief of staff, office of the CEO, effective February 5, announces Mannington Mills.
ASID Releases 2024 Trends Outlook Report
Washington, DC, January 30, 2024-The below 11 key trends, spanning all sectors of design, are pulled from the ASID Trends Outlook Report, a work created by the American Society of Interior Designers’ research division examining what trends are set to impact the interior design industry each year.