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.
Washington, DC, November 2, 2023—New orders for manufactured goods in September, up six of the last seven months, increased $16.1 billion or 2.8% to $601.5 billion, the U.S. Census Bureau reported.
Washington, DC, November 2, 2023—In the week ending October 28, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 5,000 from the previous week's revised level, according to the Department of Labor.
Dallas, TX, November 1, 2023—Impact Property Solutions, a Dallas, Texas-based portfolio company of Blue Sage Capital, has acquired Interior Concepts, an Arizona-based provider of flooring products and installation services to multifamily and commercial properties.
Washington, DC, November 1, 2023-Construction spending during September 2023 was estimated at a seasonally adjusted annual rate of $1,996.5 billion, 0.4% above the revised August estimate of $1,988.3 billion, according to the U.S. Census Bureau.
Santa Fe Springs, CA, November 1, 2023-Several large flooring distributors--Belknap-Haines, All Surfaces and Tri-West--have joined to form INA (Interiors North America), providing nationwide distribution for a growing portfolio of private-label products.
Washington, DC, November 1, 2023—Mortgage applications decreased 2.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 27, 2023.
Tempe, AZ, November 1, 2023—The Manufacturing Purchasing Managers’ Index (PMI) registered 46.7% in October, 2.3 percentage points lower than the 49% recorded in September say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Calhoun, GA, November 1, 2023-Mannington Commercial has joined Build Reuse, a national organization encouraging the recovery and reuse of building materials in the United States.
Washington, DC, November 1, 2023—The number of job openings changed little at 9.6 million on the last business day of September, the U.S. Bureau of Labor Statistics reported.
Roseland, NJ, November 1, 2023—Private sector employment increased by 113,000 jobs in October, and annual pay was up 5.7% year-over-year, according to the October ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.