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.

Construction Backlog Indicator Steady at 8.4 Months in November

Construction Backlog Indicator Steady at 8.4 Months in November

Washington, DC, December 10, 2024—Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.4 months in November, according to an ABC member survey conducted November 20 to December 3. The reading is down 0.1 months from November 2023.

Dodge Momentum Index Declined 2.3% in November

Dodge Momentum Index Declined 2.3% in November

Bedford, MA, December 9, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 2.3% in November to 191.5 (2000=100) from the revised October reading of 196.0.

Wholesaler Sales Declined 0.1% in October

Wholesaler Sales Declined 0.1% in October

Washington, DC, December 9, 2024--October 2024 sales of merchant wholesalers were $675.1 billion, down 0.1% from the revised September level but were up 0.9% from the revised October 2023 level, according to the U.S. Census Bureau.

Employment Rose by 227,000 in November

Employment Rose by 227,000 in November

Washington, DC, December 6, 2024—Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported.

Construction Industry Added 10,000 Jobs in November

Construction Industry Added 10,000 Jobs in November

Washington, DC, December 6, 2024—The construction industry added 10,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 211,000 jobs, an increase of 2.6%.

Cyncly Acquires Broadlume

Cyncly Acquires Broadlume

London, UK, December 5, 2024-Cyncly, a global provider of software and content solutions, has agreed to purchase Broadlume, a provider of digital marketing, visualization and business management software focused on the flooring business.