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.

Housing Starts Slid 20.8% in April

Housing Starts Slid 20.8% in April

Washington, DC, May 19, 2020—Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,074,000, according to the U.S. Census Bureau, 20.8% below the revised March rate of 1,356,000 and is 19.2% below the April 2019 rate of 1,330,000.

CARES Act Includes Funds for Renovating Business Properties

CARES Act Includes Funds for Renovating Business Properties

Calhoun, GA, May 19, 2020-The Coronavirus Aid, Relief, and Economic Security Act, also referred to as the “CARES Act,” contains several tax breaks designed to help businesses and workers get back on their feet as quickly as possible. Included within this legislation is a new tax benefit for renovating or improving business properties.

Ecore Offering Free CEU on Flooring Performance

Ecore Offering Free CEU on Flooring Performance

Lancaster, PA, May 19, 2020—Ecore is hosting a free performance surfaces CEU seminar titled “Defining Performance in Flooring: How Engineered Surfaces Are Changing and What Designers Should Demand From the Floor.”

Builder Confidence Rose by Seven Points to 37 in May

Builder Confidence Rose by Seven Points to 37 in May

Washington, DC, May 18, 2020—In a signal that the housing market is showing signs of stabilizing and gradually moving forward in the wake of the COVID-19 pandemic, builder confidence in the market for newly-built single-family homes increased seven points to 37 in May, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Consumer Sentiment Inched Up in Early May

Consumer Sentiment Inched Up in Early May

Ann Arbor, MI, May 18, 2020—Consumer sentiment rose 2.6% to 73.7 in early May from April’s 71.8 rate, according to preliminary results from the University of Michigan Survey of Consumers.

Starnet Elects Officers

Starnet Elects Officers

Columbus, OH, April 18, 2020-On May 8, Starnet Worldwide Commercial Flooring Partnership held a virtual shareholder meeting for its voting stockholders of record.

GA Association of Manufacturers Elects Officers & Board Members

GA Association of Manufacturers Elects Officers & Board Members

Atlanta, GA, May 18, 2020—The members of the Georgia Association of Manufacturers (GAM) and The Manufacturers Education Foundation (MEF) each elected new officers and board members at the 120th Annual Meeting of GAM and the 77th Annual Meeting of MEF, held via virtual videoconference for the first time in the Association’s 120-year history on May 1.