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, September 20, 2023—Mortgage applications increased 5.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 15, 2023.
New York, NY, September 20, 2023—"It isn’t just regular Americans who are having trouble buying houses these days,” reports the Wall Street Journal.
Washington, DC, September 19, 2023-Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,283,000, 11.3% below the revised July estimate of 1,447,000 and 14.8% below the August 2022 rate of 1,505,000, according to the U.S. Census Bureau.
Crossville, TN, September 19, 2023—Throughout 2023, Stonepeak Ceramics has embarked on a $10 million comprehensive program of capital investments with a focus on all aspects of the Tennessee production facility.
Dalton, GA, September 18, 2023-Shaw Industries announces a strategic partnership with the Classen Group, a hard surface flooring manufacturer based in Germany that offers PVC-free solutions for commercial and residential environments.
New York, NY, September 18, 2023—"On the eve of recessions in 1990, 2001 and 2007, many Wall Street economists proclaimed the U.S. was on the cusp of achieving a soft landing, in which interest-rate increases corralled inflation without causing a recession,” reports the Wall Street Journal.
Washington, DC, September 18, 2023—Builder confidence in the market for newly built single-family homes in September fell five points to 45, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Washington, DC, September 18, 2023-The U.S. Green Building Council (USGBC) announced the recipients of its 2023 USGBC Leadership Awards, with Shaw Industries among them.
San Diego, CA, September 18, 2023-The International Surfaces Event (TISE) was named The Fastest Growing Gold 100 Show by Blended Growth in 2022 and Best Hybrid Show in 2022 by Trade Show Executive magazine.
Theodore, AL, September 18, 2023-ISE Logic announced that Harry Lubitz is joining ISE Logik as architectural/specification director.