Interface Sales Declined 2.8% in 2023, Income Up Significantly
Atlanta, GA, February 27, 2024-Interface reported Q4 2023 net sales of $325.1 million, down 3.1% year-over-year form Q4 2022’s $335.6 million.
Today's Flooring News
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Home Prices Made a 5.5% Gain in December, Says Case-Shiller
New York, NY, February 27, 2024—Home prices made a 5.5% annual gain in December, up from a 5.0% rise in the previous month, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
Orders for Durable Goods Declined 6.1% in January
Washington, DC, February 27, 2024—New orders for manufactured durable goods in January, down three of the last four months, decreased $18.0 billion or 6.1% to $276.7 billion, the U.S. Census Bureau announced.
Gammonley to Retire from NAFCD Leadership in June
Chicago, IL, February 27, 2024—The North American Association of Floor Covering Distributors (NAFCD) has announced that after more than ten years of service, Kevin Gammonley will be retiring from the association effective June 30.
KBIS Underway Now in Las Vegas
Las Vegas, NV, February 27, 2024-The National Kitchen & Bath Association’s KBIS event is underway now at the Las Vegas Convention Center, running through February 29.
Tarkett's Johnsonite Brand Announces Color of the Year Program
Solon, OH, February 26, 2024 -Johnsonite has launched a new Color of the Year program, aimed at bringing new palette inspiration to customers’ designs.
Staff Shortages Still Plague Hotels, May Push Rates higher
New York, NY, February 27, 2024—"Hotel owners have been on an epic hiring spree. Yet even after clawing back hundreds of thousands of jobs during the past two years, the industry is still light on staff and often struggling to adapt,” according to the Wall Street Journal.
Union Workers at AHF's Beverly, WV Plant Vote to Strike
Beverly, WV, February 26, 2024-"Union workers at the AHF Products plant in Randolph County have voted to strike after rejecting a new contract,” reports MetroNews.
Allegheny Wood Products to Cease Operations
Charleston, WV, February 26, 2024-Lumber company Allegheny Wood Products announced that it will cease operations.
New Home Sales Rose 1.5% in January
Washington, DC, February 26, 2024—Sales of new single-family houses in January 2024 were at a seasonally adjusted annual rate of 661,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 1.5% above the revised December rate of 651,000 and 1.8% above the January 2023 estimate of 649,000.