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, 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.
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.
Dallas, TX, April 12, 2023—"Interceramic, the largest glazed floor tile manufacturer in North America, will close its United States operations this year,” reports the Dallas Morning News.
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.
Crossville, TN, April 12, 2023-Crossville has unveiled its first carbon-neutral product lines: the Civilization Collection and the Native Metal Collection.
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.
Washington, DC, April 11, 2023—Retail sales are anticipated to grow between 4% and 6% in 2023, according to The National Retail Federation’s (NRF) annual forecast.
Chattanooga, TN, April 11, 2023-Jeffrey Lorberbaum, CEO of Mohawk Industries, has again been included on Forbes’ 2022 Billionaires List.
Washington, DC, April 11, 2023—NFIB’s Small Business Optimism Index decreased 0.8 points in March to 90.1, marking the 15th consecutive month below the 49-year average of 98.
Memphis, TN, April 11, 2023—America's Best Carpet & Tile (ABCT), a provider of full-service flooring solutions, was acquired by Kansas City-based private equity firm Great Range Capital.