Oriental Weavers USA Announces Price Increase
Dalton, GA, November 29, 2021-Oriental Weavers USA (OW) has announced a price increase.
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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.
Pending Home Sales Rose 7.5% in October
Washington, DC, November 29, 2021-The Pending Home Sales Index (PHSI) rose 7.5% to 125.2 in October, according to the National Association of Realtors. Year-over-year, signings fell 1.4%. An index of 100 is equal to the level of contract activity in 2001.
Hymmen Wins Patent Infringement Case
Bielefeld, Germany, November 29, 2021-Hymmen, a global digital printing systems provider, has won a digital printing patent infringement litigation against Barberán S.A..
Daltile Opens New Showroom in Austin, Texas
Dallas, TX, November 29, 2021-Daltile held a grand opening event for its newest showroom, located in the South Lamar area of Austin, Texas.
Jeffrey Court Opens Showroom in California
Norco, CA, November 29, 2021-Jeffrey Court Inc. opened its first-ever Jeffrey Court Signature Showroom located in Upland, California.
New Home Sales Inched Up 0.4% in October
Washington, DC, November 24, 2021-Sales of new single-family houses in October 2021 were at a seasonally adjusted annual rate of 745,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 0.4% above the revised September rate of 742,000 but is 23.1% below the October 2020 estimate of 969,000.
Engineered Floors Partners with I4F/Hymmen for Digital Print Line
Hamont, Belgium, November 24, 2021-Engineered Floors has become the first manufacturer in the United States to purchase a Hymmen Jupiter Digital Printing Line.
Mannington Names John Hammel Senior Director, Wood and Laminate
Salem, NJ, November 24, 2021––Mannington Mills announced has hired John Hammel as senior director, wood and laminate business.
Q3 GDP Increased to 2.1% in Second Estimate
Washington, DC, November 24, 2021-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q3, according to the second estimate released by the Bureau of Economic Analysis.
Consumer Sentiment Slid 6.0% in November to 67.4
Ann Arbor, MI, November 24, 2021-November consumer sentiment fell 6.0% to 67.4, according to final results from the University of Michigan Survey of Consumers.