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.

Ecore Acquires 360 Tire Recycling Group

Ecore Acquires 360 Tire Recycling Group

Lancaster, PA, April 13, 2023—Ecore International, the largest converter of reclaimed tire rubber in North America, has announced the acquisition of 360 Tire Recycling Group, a tire recycling management company.

Leonardo Pesce Named CEO of Panariagroup USA

Leonardo Pesce Named CEO of Panariagroup USA

Lexington, KY, April 13, 2023--Panariagroup, owner of Florida Tile, will attend Coverings 2023 in Orlando, Florida, April 18 to 21, during which the new CEO of Panariagroup USA, Leonardo Pesce, will be introduced to clients and stakeholders.

Producer Prices Declined 0.5% in March

Producer Prices Declined 0.5% in March

Washington, DC, April 13, 2023—The Producer Price Index for final demand declined 0.5% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

Inflation Slowed to 5% in March

Inflation Slowed to 5% in March

Washington, DC, April 12, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in March on a seasonally adjusted basis, after increasing 0.4% in February, the U.S. Bureau of Labor Statistics reported.

Mohawk Rhinory Event Currently Underway in Austin, Texas

Mohawk Rhinory Event Currently Underway in Austin, Texas

Austin, TX, April 12, 2023-Mohawk is currently holding a meeting in Austin, Texas with some of its best SmartStrand customers in attendance, including Great Floors, Carpet Exchange, DeGraaf Interiors, Bob's Carpet and Flooring and Brewer Carpet One Floor & Home.

Mortgage Applications Rose 5.3% in Week Ending April 7

Mortgage Applications Rose 5.3% in Week Ending April 7

Washington, DC, April 12, 2023-Mortgage applications increased 5.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 7, 2023.

Construction Employment Declined by 9,000 Jobs in March

Construction Employment Declined by 9,000 Jobs in March

Washington, DC, April 12, 2023-The construction industry lost 9,000 jobs in March after posting successive monthly gains since February 2022, as employment in both nonresidential and residential construction declined by 1,800 and 7,000 jobs, respectively, reports Dodge Analytics.