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, D.C., July 27, 2023--Yesterday, Fed Chair Jerome Powell announced another quarter-point hike to try to temper inflation, bringing interest rates into the 5.25%–5.50% range for the first time since January 2001.
Washington, D.C., July 27, 2023—Pending home sales registered a modest increase of 0.3% in June from the previous month--the first increase since February--according to the National Association of Realtors (NAR).
Washington, D.C., July 27, 2023--In the week ending July 22, 2023, the advance figure for seasonally adjusted initial claims was 221,000, a decrease of 7,000 from the previous week's unrevised level of 228,000.
Mountville, PA, July 27, 2023-AHF Products has been selected by the Central Penn Business Journal (CPBJ) as one of the Fastest Growing Companies in 2023.
Waregem, Belgium, July 27, 2023-Unilin Technologies, the IP and technology division of Unilin, announces that Zhejiang GIMIG Technology Co. Ltd. is adding Unigrout grout imitation technology to its tile SPC product offering, with new SKU launches planned later this year.
Dalton, GA, July 27, 2023-The Dixie Group has terminated the previously announced agreement for the sale and leaseback of its distribution facility in Adairsville, Georgia.
Washington, D.C., July 26, 2023--Sales of new single-family houses in June 2023 were at a seasonally adjusted annual rate of 697,000, according to the most recent estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Houston, TX, July 26, 2023-Circular Polymers by Ascend, a leading recycler of post-consumer carpet, has launched Cerene, a line of recycled polymers and materials made from the company’s proprietary carpet reclaiming technology.
Turnhout, Belgium, July 26, 2023-I4F, a group of companies providing patents and technologies to the flooring industry, has signed a technology licensing partnership agreement with Hesse-Lignal for its Poreguard technology.
New York, NY, July 26, 2023—Three Indiana metro areas topped The Wall Street Journal (WSJ)/Realtor.com Emerging Housing Markets Index for the second quarter: Lafayette, Fort Wayne and Elkhart; followed by Bloomington, Illinois and Sioux City, Iowa.