40th Edition of Cersaie Expected to be Fully Booked
Bologna, IT, May 25, 2023—Cersaie 2023, the ceramic tile and bathroom furnishing exhibition, will be held in Bologna, Italy from September 25 to 29; this will be the 40th anniversary of the event.
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.
Mohawk Named to USA Today's America’s Climate Leaders List
Calhoun, GA, May 25, 2023-Mohawk Industries has earned a place among America’s Climate Leaders presented by USA Today.
Initial Jobless Claims Rose by 4,000 in Week Ending May 20
Washington, DC, May 25, 2023—In the week ending May 20, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 4,000 from the previous week's revised level, according to the Department of Labor.
Architecture Billings Index Softened to 48.5 in March
Washington, DC, May 24, 2023—The Architecture Billings Index score for March decreased from 50.4 in March to 48.5 in April (any score below 50 indicates a decrease in firm billings), according to a report released today from The American Institute of Architects (AIA).
Southwind to Operate Independently, Hash Named CEO
Dalton, GA, May 24, 2023-F9 Brands, which owns and manages a portfolio of companies in the building products, home improvement and luxury home décor industries, including Southwind Building Products, announced that, effective immediately, Southwind would operate independently of the other F9 portfolio companies.
CFI & FCICA Holding Joint Trade Show in Florida This September
Dalton, GA, May 23, 2023—The Certified Flooring Installers (CFI) and the Flooring Contractors Association (FCICA) announce their partnership in hosting a convention and trade show, scheduled to take place from September 20 to 22 at Rosen Shingle Creek in Orlando, Florida.
Mortgage Applications Declined 4.6% in Week Ending May 19
Washington, DC, May 24, 2023—Mortgage applications decreased 4.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 19, 2023.
Choice Hotels Seeks to Buy Wyndham
New York, NY, May 24, 2023—Choice Hotels International is seeking to buy Wyndham Hotels & Resorts, according to people familiar with the matter, a deal that would create one of the biggest budget hotel owners in the country with brands including Days Inn and Econo Lodge, according to the Wall Street Journal.
April New Home Sales Rose 4.1% from March, Up 11.8% YOY
Washington, DC, May 23, 2023—Sales of new single-family houses in April 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.1% above the revised March rate of 656,000 and 11.8% above the April 2022 estimate of 611,000.
Starnet Announces Board Changes & Design Awards Winners
Scottsdale, AZ, May 23, 2023-During Starnet’s annual meeting, held May 18 to 21 in Scottsdale, Arizona, the group announced changes to its board and Starnet Design Awards winners.