Today's Flooring News

OneFlor USA Entering Residential Market with Surfaces Launch

Houston, TX, January 23, 2023-OneFlor USA will enter the residential flooring market featuring the Cling Comfort brand.

U.S. Hotel Construction Pipeline Up 14% by Projects in Q4 2022

Portsmouth, NH, January 23, 2023—At the close of 2022’s Q4, the U.S. construction pipeline stood at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms Year-Over-Year (YOY), in the most recent Construction Pipeline Trend Report for the United States (U.S.) from Lodging Econometrics.

Existing-Home Sales Fell 1.5% in December, Hitting Decade Low

Washington, D.C., January 20, 2023--Existing-home sales retreated for the 11th consecutive month in December, according to the National Association of Realtors (NAR).

Jobless Claims Fall for Third Week in a Row

Washington, D.C., January 20, 2023--In the week ending January 14, 2023, the advance figure for seasonally adjusted initial claims for unemployment insurance was 190,000, a decrease of 15,000 from the previous week's unrevised level of 205,000, according to the Department of Labor.

Total Housing Starts Slid in December, but Single-Family Grew

Washington, D.C., January 20, 2023--Privately owned housing starts in December were at a seasonally adjusted annual rate of 1,382,000, which is 1.4% below the revised November estimate of 1,401,000 and 21.8% below the December 2021 rate of 1,768,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Georgia Ports Increasing Capacity Following Record Volume in 2022

Savannah, GA, January 20, 2023--The Georgia Ports Authority (GPA) in 2022 handled 5.9 million 20-foot equivalent units--more containers than ever before and a 5% increase over 2021--as gluts of imports caused widespread port backups, reports FreightWaves, a news source covering the logistics industry.

Polysport Expands Partnership with Conica Sports Flooring

Nashville, TN, January 20, 2023--Polysport, a national installation company for sport surfacing solutions, has entered into an exclusive agreement with Conica, a Switzerland-based producer of sports and recreational flooring.

Remodeling Activity Expected to Go From 16.3% to 2.6% This Year

Cambridge, MA, January 19, 2023--After several years of double-digit gains, expenditures for improvements and repairs to the owner-occupied housing stock are expected to grow only modestly in 2023, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Mortgage Applications Increase for Second Week in a Row

Washington, DC, January 19, 2023--Mortgage applications increased 27.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2023.

U.S. Tile Consumption Increased in Q3 2022, Despite Rising Prices

Anderson, SC, January 19, 2023--Through 3Q 2022, total U.S. ceramic tile consumption was up 1.3% by volume year over year, reports the Tile Council of North America.