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, 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
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.
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).
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.
Dallas, TX, November 12, 2021—Generational Equity has announced the sale of R&R Hardwood Distributors to a private investor.
Manchester, NH, November 12, 2021-Carpet One Floor & Home recently announced the appointment of three new members to its advisory council.
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.
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.
Spartanburg, SC, November 12, 2021-Milliken & Company has announced that all its carpet, luxury vinyl tile and entryway tile products around the globe are now carbon neutral, offsetting carbon emissions in raw materials and manufacturing carbon footprint using Verified Carbon Standard credits.
Dalton, GA, November 11, 2021-The Carpet and Rug Institute (CRI) held its annual meeting on November 10. The yearly gathering included an update on the industry, the announcement of the board of directors roster for 2022, and recognized volunteers for service to the institute.