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.
Hamilton, NJ, August 20, 2021-Total construction starts fell 3% in July to a seasonally adjusted annual rate of $854.8 billion, according to Dodge Data & Analytics. There were few bright spots during the month, with all three sectors (residential, nonresidential building and nonbuildings) moving lower in July.
New York, NY, August 20, 2021-The U.S. and China are trading places in the economic growth race, reports the Wall Street Journal.
Washington, DC, August 19, 2021—Confidence in the market for new multifamily housing dropped three points to 48 in Q2, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The Multifamily Occupancy Index (MOI) increased six points to 70.
Orlando, FL, August 19, 2021—Certified Flooring Installers (CFI) is holding its 24th annual convention at the Rosen Shingle Creek Resort in Orlando, Florida.
Chattanooga, TN, August 19, 2021—Two years after joining the Tennessee Valley Authority (TVA) board of directors, William (Bill) Kilbride was elected chairman of the TVA board, reports the Times Free Press.
Atlanta, GA, August 19, 2021—Interface, Inc. has announced that Dan Hendrix, chief executive officer, and Bruce Hausmann, chief financial officer, will present virtually at the Raymond James 2021 Diversified Industrials Conference on August 24 at 9:20 a.m. ET.
Washington, DC, August 19, 2021-In the week ending August 14, the advance figure for seasonally adjusted initial claims was 348,000, a decrease of 29,000 from the previous week's revised level, reports the Department of Labor.
Marietta, GA, August 19, 202-Online registration is now open for the 2022 Flooring Markets: Dallas, Texas; Atlanta, Georgia; and Biloxi, Mississippi.
Atlanta, GA, August 18, 2021-The Home Depot reported sales of $41.1 billion for Q2 2021, an increase of $3.1 billion, or 8.1% from Q2 2020. Comparable sales for Q2 increased 4.5%, and comparable sales in the U.S. increased 3.4%.
Mooresville, NC, August 18, 2021—Lowe's reported Q2 net sales of $27.6 billion, a 1% increase compared to $27.3 billion in Q2 2020.