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, October 9, 2024—Mortgage applications decreased 5.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 4, 2024.
Washington, DC, October 8, 2024—The goods and services deficit was $70.4 billion in August, down $8.5 billion from $78.9 billion in July, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Washington, DC, October 8, 2024—The NFIB Small Business Optimism Index rose by 0.3 points in September to 91.5.
Bristol, VA, October 8, 2024—Universal Fibers has announced the launch of Forbo Flooring Systems’ New Tessera Topology, the first collection in its Evolve+ series, using Thrive matter yarn from Universal Fibers.
Pittsburgh, PA, and Dalton, GA, October 8, 2024—PPG has signed a strategic agreement with Shaw Industries Group to offer the PPG Flooring line of resinous flooring products.
Mountville, PA, October 8, 2024-AHF Products has named Catherine Del Vecchio vice president, marketing, reporting to Jennifer Zimmerman, chief commercial officer.
Bedford, MA, October 8, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 4.2% in September to 208.6 (2000=100) from the revised August reading of 217.7. Over the month, commercial planning contracted 7.8% and institutional planning improved 5.2%.
Gladstone, MI, October 8, 2024-"Eight months after being acquired by an equity firm, Besse Forest Products Group, a long-time distributor of Northern hardwood veneer, lumber, and specialty plywood manufacturing, has officially closed six of its green lumber sawmills and veneer mills in Wisconsin and Michigan and the assets from these facilities are now up for sale,” reports Wood Working Network.
Dalton, GA, October 8, 2024—The Carpet and Rug Institute (The CRI) has announced the retirement of Richard Turner, who has been an integral part of the organization for the past seven years and part of the carpet industry for the past 43 years, and the appointment of Darrell Hagan.
Solon, OH, October 8, 2024—Tarkett North America held its third Healthy Building Summit.