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.

Dallas Leads Hotel Construction Pipeline

Dallas Leads Hotel Construction Pipeline

Portsmouth, NH, October 28, 2022—The U.S. market with the largest hotel construction pipeline by projects is Dallas, Texas with a record high count of 174 projects, accounting for 20,676 rooms, according to the third quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE).

GDP Rose 2.6% in Q3

GDP Rose 2.6% in Q3

Washington, DC, October 27, 2022—Real gross domestic product (GDP) increased at an annual rate of 2.6% in Q3 2022, according to the advance estimate released by the Bureau of Economic Analysis.

Orders for Durable Goods Rose 0.4% in in September

Orders for Durable Goods Rose 0.4% in in September

Washington, DC, October 27, 2022—New orders for manufactured durable goods in September, up six of the last seven months, increased $1.0 billion or 0.4% to $274.7 billion, the U.S. Census Bureau announced.

New-Home Sales Declined 10.9% in September

New-Home Sales Declined 10.9% in September

Washington, DC, October 26, 2022—Sales of new single-family houses in September 2022 were at a seasonally adjusted annual rate of 603,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 10.9% below the revised August rate of 677,000 and is 17.6% below the September 2021 estimate of 732,000.