BDNY 2021 Underway Now in New York City
New York, NY, November 15, 2021—BDNY (Boutique Design New York) is underway now in New York at the Jacob K. Javits Center.
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.
Premium Ocean Shipping Rates Fell 25% Last Week, Ports Still Clogged
New York, NY, November 15, 2021-The cost to move a container across the Pacific fell by more than one-quarter last week, the biggest decline in two years, reports the Wall Street Journal.
Despite Headwinds, First-Time Homebuyers Rose to 34%
Washington, DC, November 15, 2021-Despite the highest home prices ever, fierce competition, and a nationwide housing shortage, more first-time buyers become homeowners during the Covid-19 pandemic, reports the National Association of Realtors
Dixie Group Net Sales Up 27% in Q3, Income Up 744%
Dalton, GA, November 12, 2021—The Dixie Group has reported net sales of $89.3 million for Q3 2021, up 27% compared to Q3 2020’s $70.0 million.
Housing Affordability Steady in Q3 Amid Supply Chain Challenges
Washington, DC, November 12, 2021—Only 56.6% of new and existing homes sold between the beginning of July and end of September were affordable to families earning the U.S. median income of $79,900, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).
Consumer Sentiment Slid 6.8% to 66.8 in Early Nov., Lowest in a Decade
Ann Arbor, MI, November 12, 2021-Consumer sentiment slid 6.8% in early November to 66.8, according to the University of Michigan Survey of Consumers.
R&R Hardwood Distributors Sold to Private Investor
Dallas, TX, November 12, 2021—Generational Equity has announced the sale of R&R Hardwood Distributors to a private investor.
Carpet One Appoints New Advisory Council Members, Wins 2021 Telly
Manchester, NH, November 12, 2021-Carpet One Floor & Home recently announced the appointment of three new members to its advisory council.
Record-High Job Openings Have Persisted Since June
New York, NY, November 12, 2021—The U.S. economy has had more than 10 million open jobs since June, an extraordinary stretch of imbalance in the labor market that also includes record numbers of workers quitting their jobs, reports the Wall Street Journal.
Job Openings Steady at 10.4 million in September
Washington, DC, November 12, 2021—The number of job openings was little changed at 10.4 million on the last business day of September, the U.S. Bureau of Labor Statistics reported.