Shaw Sports Turf Selected for College Football Playoff for 2nd Year
Dalton, GA, December 4, 2024-The Shaw Sports Turf brand will be The Official Synthetic Turf Provider of the College Football Playoff (CFP) for the second year in a row.
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.
Mortgage Applications Rose 2.8% in Week Ending November 29
Washington, DC, December 4, 2024—Mortgage applications increased 2.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 29, 2024.
Factory Orders Rose 0.2% in October
Washington, DC, December 4, 2024—New orders for manufactured goods in October, up following two consecutive monthly decreases, increased $1.1 billion or 0.2% to $586.7 billion, the U.S. Census Bureau reported. This followed a 0.2% September decrease.
FloorMax Acquires Next Day Floors & Carpet Fair Commercial
Baltimore, MD, December 3, 2024-Carpet N' Things, Inc. d/b/a FloorMax has announced its strategic acquisition of Carpet Fair, which includes Next Day Floors and Carpet Fair Commercial.
H.B. Fuller Sells Flooring Business to Pacific Avenue Capital Partners
St. Paul, MN, December 3, 2024-H.B. Fuller Company will sell its flooring business to Pacific Avenue Capital Partners, a private equity firm based in Los Angeles, California.
Increased Construction in Low Density Areas on the Rise
Washington, DC, December 3, 2024—More residential construction is occurring in low density suburbs and outlying areas because of several factors that affect housing affordability, including the continued lack of buildable lots, higher home building costs and an ongoing shortage of construction workers.
Tarkett Home Names DelBove Director of Hard Surface Design
Solon, OH, December 3, 2024—Tarkett Home has announced the addition of Cristen DelBove as the director of hard surface design.
Job Openings Steady in October at 7.7 Million
Washington, DC, December 3, 2024—The number of job openings was little changed at 7.7 million on the last business day of October, the U.S. Bureau of Labor Statistics reported.
Construction Spending Rose 0.4% in October
Washington, DC, December 2, 2024—Construction spending during October 2024 was estimated at a seasonally adjusted annual rate of $2,174.0 billion, 0.4% above the revised September estimate of $2,164.7 billion, according to the U.S. Census Bureau.
Homebuyers Find the Current Market Difficult
New York, NY, December 2, 2024—"It is an odd and confusing season for homebuyers,” reports the Wall Street Journal.