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, March 22, 2023—Mortgage applications increased 3.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 17, 2023.
Washington, DC, March 21, 2023-Total existing-home sales vaulted 14.5% from January to a seasonally adjusted annual rate of 4.58 million in February, according to the National Association of Realtors, reversing a 12-month slide and registering the largest monthly percentage increase since July 2020.
Hamilton, NJ, March 21, 2023-Total construction starts rose 6% in February to a seasonally adjusted annual rate of $912.8 billion, according to Dodge Construction Network.
Manchester, NH, March 21, 2023-Carpet One Floor & Home continues to expand with the addition of eight new members and nine locations.
Solon, OH, March 21, 2023—Tarkett has released its 2022 Corporate Social & Environmental Responsibility (CSR) Report. Fully audited by an independent third party, this report outlines the company’s significant sustainability performance.
Washington, DC, March 20, 2023-On March 17, three judges in the U.S. Court of International Trade, affirming the U.S. Trade Representative (USTR), denied the request of 3,600 companies to eliminate the section 301 tariffs.
Washington, DC, March 20, 2023—Construction employment rose from January 2022 to January 2023 in 306 (85%) of the 358 metro areas, fell in 29 (8%), and was unchanged in 23, according to analysis by Associated General Contractors.
Washington, DC, March 20, 2023—Three West Virginia lawmakers—senator Shelley Moore Capito, senator Joe Manchin and congresswoman Carol Miller—sent a letter to U.S. Department of Commerce secretary Gina Raimondo to ensure the protection of domestic hardwood plywood manufacturers, following concern that manufacturing in this sector has been disrupted in recent years due to China’s unfair import practices, reports LootPress.
Ann Arbor, MI, March 17, 2023—Consumer sentiment declined 5.4% to 63.4 in early March, according to preliminary results from the University of Michigan Survey of Consumers.
Baxter, TN, March 17, 2023—Portobello America’s vision of having a full-service, ultramodern production facility in the United States is now on the cusp of becoming a reality. The plant is slated to be operational in April of this year.