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.
Cambridge, MA, July 18, 2024-After a modest downturn, homeowner expenditures for improvements and repairs are expected to trend up through the first half of 2025, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Washington, DC, July 18, 2024—Spending on nonresidential buildings is projected to increase more than 7% this year, according to The American Institute of Architects mid-year Consensus Construction Forecast.
Washington, DC, July 18, 2024—The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 65, down one point compared to the previous quarter.
Washington, DC, July 18, 2024-In the week ending July 13, the advance figure for seasonally adjusted initial claims was 243,000, an increase of 20,000 from the previous week's revised level, according to the Department of Labor.
New York, NY, July 18, 2024—"The Wall Street Journal’s latest quarterly survey of business and academic economists shows forecasters remain firmly optimistic about the economic outlook, despite some hints of weakness in recent data.
Washington, DC, July 17, 2024—Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,353,000, 3.0% above the revised May estimate of 1,314,000 but 4.4% below the June 2023 rate of 1,415,000, according to the U.S. Census Bureau.
Arlington, VA, July 17, 2024-The inaugural Flooring Sustainability Summit begins today in Washington, D.C., running through tomorrow.
Washington, DC, July 17, 2024-Mortgage applications increased 3.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 12, 2024.
Washington, DC, July 17, 2024-On July 16, the U.S. Environmental Protection Agency announced the selection of 38 grant recipients across the country, totaling nearly $160 million, to support efforts to report and reduce climate pollution from the manufacturing of construction materials and products.
Mansfield, MA, July 17, 2024-The Belknap White Group, JJ Haines & Company, and Swiff-Train Company have unified under a new brand, UCX-the Ultimate Customer Experience in flooring distribution.