Elias Wilf Promotes Faucheux and Brumbaugh
Owings Mills, MD, January 4, 2024-Elias Wilf has announced the appointment of two individuals to the positions of vice presidents in our sales division: Marc Faucheux and Ben Brumbaugh.
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.
Mohawk Ties Sales of Wood & Laminate Products to Tree Planting
Calhoun, GA. January 4, 2024—As part of Mohawk’s renewed focus on sustainability throughout its wood lines, every square foot of RevWood and TecWood sold will contribute to the replanting of the nation’s forests.
Fire at Mohawk's IVC Resilient Plant in Dalton Contained to Roof
Dalton, GA, January 3, 2024-A fire broke out a Mohawk IVC resilient plant in Dalton, Georgia the evening of January 2.
Employment Rose by 164,000 Jobs in December
Roseland, NJ, January 4, 2024—Private sector employment increased by 164,000 jobs in December and annual pay was up 5.4% year-over-year, according to the December ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Construction Industry Job Openings Rose to 5.4% Rate in November
Washington, DC, January 4, 2024—The construction industry had 459,000 job openings on the last day of November, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Mortgage Applications Declined 9.4% in Week Ending December 29
Washington, DC, January 3, 2024-Mortgage applications decreased 9.4% from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 29, 2023.
Bjelin Forms Partnership with Revolution Mills for Rigid Core Range
Helsingborg, Sweden, January 3, 2024-Bjelin’s rigid core range launched in the U.S. in collaboration with Revolution Mills, designating the flooring manufacturer as a national distribution partner for this line.
Wall Street Investors Bullish on Investment in Housing
New York, NY, January 3, 2024-"Your new suburban rental has granite kitchen countertops, built to withstand even the most hard-wearing tenant. The neighbors next door have the exact same laundry machine. Welcome to the community where every detail has been designed to keep costs down for the Wall Street landlord,” reports the Wall Street Journal.
Job Openings Little Changed at 8.8 Million in November
Washington, DC, January 3, 2024-The number of job openings changed little at 8.8 million on the last business day of November, the U.S. Bureau of Labor Statistics reported.
Kitchen & Bath Market Sentiment Dampened by Market Headwinds
Chicago, IL, January 3, 2024-"Kitchen and bath design and remodeling firms are guardedly optimistic about the prospects for a business uptick in 2024, although rising costs, labor constraints, consumer uncertainty, and other market headwinds continue to tamp down expectations,” reports Kitchen & Bath Design News.