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, August 24, 2021—Sales of new single-family houses in July 2021 were at a seasonally adjusted annual rate of 708,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 1.0% above the revised June rate of 701,000 but 27.2% below the July 2020 estimate of 972,000.
Milwaukee, WI, August 24, 2021-This year, Teknoflor is partnering with The Kasigau Corridor Redd Project to support its mission to stop deforestation and help keep forests intact.
Washington, DC, August 24, 2021-The U.S. housing market remained strong in July, with sales of previously owned homes rising at a faster pace than the prior month as high prices prompted owners to put more properties on the market, reports the Wall Street Journal.
Washington, DC, August 24, 2021-Despite a steep economic recession during the first half of 2020, compensation for architectural staff at U.S. architecture firms essentially held flat over the 2019–2021 period, according to the American Institute of Architects (AIA) biannual Compensation Report.
Northlake, IL, August 23, 2021—Empire Today, a portfolio company of H.I.G. Capital (H.I.G.), is pending sale to Charlesbank Capital Partners.
Washington, DC, August 23, 2021-Total existing-home sales grew 2.0% from June to a seasonally adjusted annual rate of 5.99 million in July, according to the National Association of Realtors (NAR). Sales inched up year-over-year, increasing 1.5% from a year ago (5.90 million in July 2020).
Carrollton, TX, August 23, 2021—LM Flooring—a brand of AHF, which last week announced its acquisition of American OEM—this fall will roll out the largest product launch in the brand’s 20-year history, introducing a total of 55 new SKUs, including four new collections.
Norwalk, CT, August 23, 2021—HMTX Industries has been ranked number 3603 on its annual Inc. 5000 list, a ranking of the nation’s fastest-growing private companies.
Washington, DC, August 23, 2021--Construction employment in July remained below the levels reached before the pre-pandemic peak in February 2020 in 36 states, according to an analysis by the Associated General Contractors of America of government employment data.
New York, NY, August 23, 2021—With the latest wave of return-to-office delays from Covid-19, it is now possible that some offices may be closed for nearly two years, reports the Wall Street Journal, and a rising concern among executives is that the longer people stay at home, the harder or more disruptive it could be to eventually bring them back.