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, December 23, 2022—Sales of new single-family houses in November 2022 were at a seasonally adjusted annual rate of 640,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 5.8% above the revised October rate of 605,000 but 15.3% below the November 2021 estimate of 756,000.
Ann Arbor, MI, December 23, 2022—Consumer sentiment rose 5.1% to 59.7 in December, according to final results from the University of Michigan Survey of Consumers.
New York, NY, December 23, 2022—"The Covid-19 pandemic might not be gone, but the global supply-chain crisis it spawned has abated,” reports the Wall Street Journal.
Washington, DC, December 23, 2022—New orders for manufactured durable goods in November, down following three consecutive monthly increases, decreased $5.8 billion or 2.1% to $270.6 billion, the U.S. Census Bureau announced. This followed a 0.7% October increase.
Washington, DC, December 23, 2022—Personal income increased $80.1 billion (0.4%) in November, according to estimates released by the Bureau of Economic Analysis.
Corte Madera, CA, December 23, 2022—Restoration Hardware’s revenues dropped 14% in 2021, reports Unity Marketing. Restoration Hardware is a home furnishings retailer.
Toronto, ON, December 23, 2022—The entire Torlys EverWood and Torlys EverTile waterproof vinyl lines have been classified as Assure Certified, the quality certification for rigid core vinyl flooring.
Washington, DC, December 22, 2022—Real gross domestic product (GDP) increased at an annual rate of 3.2% in Q3 2022, according to the third estimate released by the Bureau of Economic Analysis.
Washington, DC, December 22, 2022—In the week ending December 17, the advance figure for seasonally adjusted initial claims was 216,000, an increase of 2,000 from the previous week's revised level, according to the Department of Labor.
Toronto, ON, December 21, 2022-Lynx is pleased to announce the synergistic acquisition of Fort Lauderdale, Florida-based Resource4Floors.