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, December 2, 2020—A trend of higher demand for housing in lower-density areas—reported in the second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI)—has persisted into the fall, as single-family and multifamily construction continued to overperform in lower cost markets like suburbs and exurbs.
Roseland, NJ, December 2, 2020-Private sector employment increased by 307,000 jobs from October to November, according to the November ADP National Employment Report.
Washington, DC, December 2, 2020-Mortgage applications decreased 0.6% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 27, 2020.
Miami, FL, December 2, 2020-Tile of Spain, the association representing over 125 Spanish tile manufacturers, has announced the winners of the 19th annual Tile of Spain Awards of Architecture and Interior Design.
Washington, DC, December 1, 2020—Construction spending during October 2020 was estimated at a seasonally adjusted annual rate of $1,438.5 billion, 1.3% above the revised September estimate of $1,420.4 billion, according to the U.S. Census Bureau.
Hackettstown, NJ, December 1, 2020-For the first time this year, the Q3 Kitchen & Bath Market Index (KBMI) is above 50-at 61.9-up from 44.2 in Q2 and 41 in Q1, according to the National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC).
Tempe, AZ, December 1, 2020-The November Manufacturing Purchasing Managers' Index (PMI) registered 57.5%, down 1.8 percentage points from the October reading of 59.3%, according to the Manufacturing ISM Report On Business.
Catton, Thirsk, UK, December 1, 2020-Winners of the United Kingdom’s 2020 National Flooring Innovation Awards have been announced.
Dalton, GA, November 30, 2020-Arropure, a new hand sanitizer brand made by Arropol Chemicals of Dalton, Georgia, has launched a “Helping Hand” initiative in support of the floorcovering industry.
Washington, DC, November 30, 2020-The Pending Home Sales Index (PHSI) fell 1.1% to 128.9 in October, the second straight month of decline, according to the National Association of Realtors. Year-over-year, contract signings rose 20.2%.