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.

Dollar Reaches Two-Year high

Dollar Reaches Two-Year high

New York, NY, April 21, 2022—The dollar is reaching fresh nearly two-year highs, lifted by looming interest-rate increases from the Federal Reserve, strong U.S. growth and geopolitical jitters overseas, reports the Wall Street Journal.

NALFA Reports on Annual Spring Meeting

NALFA Reports on Annual Spring Meeting

Washington, DC, April 21, 2022—The North American Laminate Flooring Association met in March for its annual spring meeting. Traditionally held at NC State University, the Association’s academic and testing house member, NALFA members were thrilled to be back in Raleigh, North Carolina together.

Existing-Home Sales Declined 2.7% in March

Existing-Home Sales Declined 2.7% in March

Washington, DC, April 20, 2022—Total existing-home sales dipped 2.7% from February to a seasonally adjusted annual rate of 5.77 million in March, according to the National Association of Realtors. Year-over-year, sales fell 4.5% (6.04 million in March 2021).

Dirk Sullivan of Hawthorne Tile Named NTCA Tile Person of the Year

Dirk Sullivan of Hawthorne Tile Named NTCA Tile Person of the Year

Flowood, MS, April 20, 2022—Dirk Sullivan, founder and president of Hawthorne Tile in Portland, Oregon, was recognized as Tile Person of the Year by the National Tile Contractors Association (NTCA) at its 75th anniversary reception during Coverings, which was held at the Las Vegas Convention Center in Las Vegas, Nevada.

Housing Starts Rose 3.9% YOY in March

Housing Starts Rose 3.9% YOY in March

Washington, DC, April 19, 2022—Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,793,000, 0.3% above the revised February estimate of 1,788,000 and 3.9% above the March 2021 rate of 1,725,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.