Richard Eppler Honored for 50 Years of Service in Ceramics
Clemson, SC, August 15, 2024—Tile Council of North America (TCNA) announces Richard Eppler has been honored by ASTM International for 50 years of service to the ceramics industry.
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.
Inflation Fell Below 3% in July For the First Time Since 2021
Washington, DC, August 14, 2024-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, after declining 0.1% in June, the U.S. Bureau of Labor Statistics reported.
Mortgage Applications Rose 16.8% in Week Ending August 9
Washington, DC, August 14, 2024-Mortgage applications increased 16.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 9, 2024.
Construction Backlog Indicator Steady at 8.4 in July
Washington, DC, August 14, 2024-Associated Builders and Contractors reported that its Construction Backlog Indicator held steady at 8.4 months in July, according to an ABC member survey conducted July 22 to August 6. The reading is down 0.9 months from July 2023.
Key Findings from First Flooring Sustainability Summit
Washington, DC, August 14, 2024-The Flooring Sustainability Summit brought together industry leaders, innovators, and experts to address critical challenges and opportunities in advancing sustainable building practices within the flooring sector.
90% of Metro Areas Had Home Price Gains in Q2
Washington, DC, August 14, 2024-Almost 90% of metro markets (199 out of 223, or 89%) recorded home price gains in Q2 2024, as the 30-year fixed mortgage rate ranged from 6.82% to 7.22%, according to the National Association of Realtors' latest quarterly report.
Cali Celebrating 20 Years of Business
Encinitas, CA, August 14, 2024-Cali is celebrating 20 years of business.
Home Depot Q2 Sales Up 0.6% with SRS Acquisition, Earnings Down
Atlanta, GA, August 13, 2024—The Home Depot reported sales of $43.2 billion for Q2 2024, an increase of 0.6% from Q2 2023’s $42.9 billion.
CFL's New Vietnam Facility Set to Ship Product in Q4 2024
Adairsville, GA, August 13, 2024—CFL Flooring (Creative Flooring Solutions), a manufacturer of SPC and hybrid flooring products, has announced the construction of its new manufacturing facility in North Vietnam is well underway, with first shipments due in Q4 of this year.
Producer Prices Rose 0.1% in July
Washington, DC, August 13, 2024—The Producer Price Index for final demand increased 0.1% in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.