Durable Goods Orders Rise 0.8% in June
Washington, D.C., July 27, 2021—The U.S. Census Bureau has announced that new orders for manufactured durable goods in June increased 0.8%, or $2.1 billion, to $257.6 billion, the 13th increase in 14 months.
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.
HMTX’s Halstead Promotes Adrienne Brown to VP of Sales and Marketing
Smyrna, GA, July 27, 2021—Halstead, HMTX’s home center division, has promoted Adrienne Brown to vice president of sales and marketing, according to Eric Anderson, president of Halstead International.
Spartan Surfaces Expands into New England
Bel Air, MD, July 27, 2021—Spartan Surfaces, a specialty flooring distribution company headquartered in Maryland with showrooms in Chicago and Washington, D.C., has expanded into Connecticut, Massachusetts, Rhode Island, New Hampshire and Maine.
Mohawk Group Launches Waterways Project
Calhoun, GA, July 27, 2021—Mohawk Group has announced the launch of its Waterways Project, a mobile showcase centered on sustainability that features new products and innovations from Mohawk Group and Durkan, the firm’s hospitality division.
New Home Sales Fell 6.6% in June, down 19.4% YOY
Washington, D.C., July 26, 2021-New single-family home sales in June 2021 were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Engineered Floors Announces DW Select Area Rug Program
Dalton, GA, July 26, 2021—Engineered Floors has introduced a new area rug program as part of its DW Select collection.
CTEF Honors Tile Industry Contractors with New Award
Pendleton, SC, July 26, 2021-The Ceramic Tile Education Foundation (CTEF) has announced the creation of the Dan Hecox Service Award, to be presented annually at Coverings.
High Earning Gen Xers Drawn to 15 States
Chicago, IL, July 26, 2021—According to the National Association of Realtors’ (NAR) Realtor Magazine, Gen Xers, which are the highest-earning generation with a median income of $113,300, are moving to states in the South and West, some of which offer no state income tax.
Median Home Prices Hit Record-High in June
New York, NY, July 23, 2021—Continued strong demand pushed the median U.S. home price to a record high in June, though the national house-buying frenzy cooled slightly as supply ticked higher, reports the Wall Street Journal.
Renters Facing Eviction as Federal Aid Dollars Go Undistributed
New York, NY, July 23, 2021-State and local governments are struggling to distribute $47 billion in federal money aimed at helping tenants who can’t pay rent because of the Covid-19 crisis, leaving many people at risk of being thrown out of their homes when an eviction moratorium expires on July 31, reports the Wall Street Journal.