Creative Flooring Has Joined Starnet
Columbus, OH, July 22, 2024—Creative Flooring, located in Markham, Ontario, has joined Starnet.
Today's Flooring News
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Milliken Forms Partnership with Universal Fibers
Spartansburg, SC, July 22, 2024—Milliken Floors has announced that Universal Fiber’s sustainable Thrive matter yarn is now being utilized in three of its carpet tile collections from July 2024.
Homesellers Are Cutting Prices as Housing Inventory Expands
Seattle, WA, July 19, 2024—Home listings are piling up as buyers step back from the peak of home shopping season faster than normal, according to the latest monthly report from Zillow.
Tenant Evictions Surge in Sunbelt Cities
New York, NY, July 19, 2024—"Tenant evictions look stuck at elevated levels in several corners of the U.S., showing little sign of returning to what was typical before the pandemic,” reports the Wall Street Journal.
Ceramics of Italy Reports on 2024 Tile Trends
New York, NY, July 19, 2024—At the 2024 edition of Coverings in Atlanta, Georgia, Ceramics of Italy manufacturers showcased the ever-evolving advancements in ceramic and porcelain tile from an aesthetic and technological point of view.
Residential Remodel Activity Expected to Inch Up Through Early '25
Cambridge, MA, July 18, 2024-After a modest downturn, homeowner expenditures for improvements and repairs are expected to trend up through the first half of 2025, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Spending on Commercial Space to Increase 7% in 2024
Washington, DC, July 18, 2024—Spending on nonresidential buildings is projected to increase more than 7% this year, according to The American Institute of Architects mid-year Consensus Construction Forecast.
Builder Sentiment Slid 1 Point to 65 in Q2
Washington, DC, July 18, 2024—The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 65, down one point compared to the previous quarter.
Initial Jobless Claims Rose by 20,000 in Week Ending July 13
Washington, DC, July 18, 2024-In the week ending July 13, the advance figure for seasonally adjusted initial claims was 243,000, an increase of 20,000 from the previous week's revised level, according to the Department of Labor.
Economists Remain Optimistic About Economy
New York, NY, July 18, 2024—"The Wall Street Journal’s latest quarterly survey of business and academic economists shows forecasters remain firmly optimistic about the economic outlook, despite some hints of weakness in recent data.