CARE Adds Seven New California Drop-Off Sites
Dalton, GA, December 20, 2022—CARE is pleased to announce its latest public carpet recycling California drop-off sites.
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.
Dennis Egan Has Died
Irvine, CA, December 20, 2022—Dennis Egan, 81, carpet and laminate industry veteran, died October 28 due to renal failure.
EU Energy Ministers Agree to Natural-Gas Price Cap
New York, NY, December 20, 2022—"European energy ministers reached an agreement Monday to impose an emergency limit for natural-gas prices, which have been sent soaring by Russia’s invasion of Ukraine,” reports the Wall Street Journal.
Mohawk Trucks Participate in Wreaths Across America
Calhoun, GA, December 20, 2022—Three Mohawk trucks are among hundreds from across the country that are collectively delivering wreaths in partnership with Wreaths Across America to decorate veterans’ graves for the holiday season at approximately 2,500 cemeteries across the United States and abroad.
Builder Confidence Declined Two Points to 31 in December
Washington, DC, December 19, 2022—Builder confidence in the market for newly built single-family homes posted its 12th straight monthly decline in December, dropping two points to 31, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Ceramics of Italy 2023 Tile Competition Deadline Extended
New York, NY, December 19, 2022--The Ceramics of Italy 2023 Tile Competition deadline has been extended until January 6 at 11:59 p.m. EST.
More Homebuyers Opting for Temporary Mortgage Buydowns
New York, NY, December 19, 2022—"Rising borrowing costs have dramatically increased the cost of buying a home this year, reviving interest in mortgage products like temporary buydowns that fell out of favor after the 2008 financial crisis,” reports the Wall Street Journal.
This Housing Downturn Unlike The Great Recession's
New York, NY, December 19, 2022—"The pandemic housing boom is over. The bust will look nothing like the last one,” reports the Wall Street Journal.
Dodge Anticipates Positive Market for Construction in 2023
Hamilton, NJ, Dec. 14, 2022—Dodge Construction Network’s year-end report—which analyzes the key trends and insights across the industry throughout 2022, as well as insight into 2023—found that even though facets of a recession are possible, due to legislation and the advancements of project backlogs, construction may remain profitable through 2023.
Architecture Billings Index Declined to 46.6 in November
Washington, DC, December 16, 2022—The pace of decline for design services from architecture firms during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.6 from 47.7 (any score below 50 indicates a decline in firm billings), according to a new report from The American Institute of Architects (AIA).