TISE & Las Vegas Market Will Overlap in 2025
Las Vegas, NV, December 19, 2024—The Winter 2025 Las Vegas Market and The International Surface Event (TISE) will overlap, creating a cross-category sourcing opportunity in Las Vegas in January.
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.
Initial Jobless Claims Declined by 22,000 in Week Ending Dec. 14
Washington, DC, December 19, 2024—In the week ending December 14, the advance figure for seasonally adjusted initial claims was 220,000, a decrease of 22,000 from the previous week's unrevised level of 242,000, according to the Department of Labor.
November ABI Score Inched Down to 49.6
Washington, DC, December 18, 2024—The November AIA/Architecture Billings Index (ABI) score of 49.6 changed little from October’s score of 50.3, indicating that the share of architecture firms that reported declining billings was essentially the same as the share that reported increasing billings.
Housing Starts Declined 1.8% in November, Down 14.6% YOY
Washington, DC, December 18, 2024— Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000, 1.8% below the revised October estimate of 1,312,000 and is 14.6% below the November 2023 rate of 1,510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced.
Mortgage Applications Declined 0.7% in Week Ending Dec. 13
Washington, DC, December 18, 2024-Mortgage applications decreased 0.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 13, 2024.
Tate Sells Baltimore Plant/Headquarters Facility
Baltimore, MD, December 18, 2024—Tate Access Floors sold its Baltimore, Maryland plant and headquarters to Gaulin Properties.
Narciso Named Director of Business Development, West for Spartan
Bel Air, MD, December 18, 2024--To prioritize growth in the Western United States, Spartan has appointed John Narciso as director of business development, West.
Mohawk's Biennial Edge Dealer Meeting Underway Now in Colorado
Aurora, CO, December 17, 2024-Mohawk’s biennial Edge meeting with its largest residential dealers is underway now at the Gaylord Rockies Resort & Convention Center in Aurora, Colorado, running through the evening of December 18.
Builder Confidence Flat at 46 in December
Washington, DC, December 17, 2024—Builder confidence in the market for newly built single-family homes was 46 in December, the same reading as last month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
November Retail Sales Up 0.7% from October, Up 3.8% YOY
Washington, DC, December 17, 2024—Advance estimates of U.S. retail and food services sales for November 2024 were $724.6 billion, an increase of 0.7% from the previous month, and up 3.8% from November 2023, according to the U.S. Census Bureau.