FEI Group Meeting Starts Today in San Antonio
San Antonio, TX, October 18, 2023—The FEI Group meeting begins today in San Antonio, Texas, running through October 20.
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.
Portobello America Holds Grand Opening for Tennessee Factory
Baxter, TN, October 18, 2023—Portobello America held a grand opening ceremony yesterday for its new plant in Baxter, Tennessee.
Total Construction Starts Slid 6% in September
Hamilton, NJ, October 18, 2023—Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network.
Mortgage Applications Declined 6.9% in Week Ending October 13
Washington, DC, October 18, 2023—Mortgage applications decreased 6.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 13, 2023.
Cyncly Acquires Mobile Marketing
London, UK, October 16, 2023-Cyncly, a global provider of end-to-end software and content solutions to the spaces-for-living industry, has completed the acquisition of Mobile Marketing, a technology-led web services and digital marketing solution provider tailored to flooring retailers in North America.
September Retail Sales Rose 0.7% from August, Up 3.8% YOY
Washington, DC, October 17, 2023-- Advance estimates of U.S. retail and food services sales for September 2023 were $704.9 billion, up 0.7% from the previous month and up 3.8% above September 2022, according to the U.S Census Bureau.
Homebuilder Confidence Declined Four Points to 40 in October
Washington, DC, October 17, 2023—Builder confidence in the market for newly built single-family homes in October fell four points to 40 from a downwardly revised September reading, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Mannington Signs United Nations Global Compact
Salem, NJ, October 17, 2023-Mannington Mills has signed onto the United Nations Global Compact, demonstrating its commitment to advancing best practices concerning human rights, labor, the environment and anti-corruption.
Industrial Production Rose 0.3% in September
Washington, DC, October 17, 2023—Industrial production increased 0.3% in September and advanced at an annual rate of 2.5% in Q3, according to the Federal Reserve.
Roppe Awarded Sourcewell Cooperative Purchasing Contract
Fostoria, OH, October 17, 2023—Roppe Corporation has been awarded a cooperative purchasing contract in the flooring materials with related supplies and services category at Sourcewell.