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, November 1, 2024—Construction spending during September 2024 was estimated at a seasonally adjusted annual rate of $2,148.8 billion, 0.1% above the revised August estimate of $2,146.0 billion, according to the U.S. Census Bureau.
Boston, MA, November 1, 2024-Speaking to Total Solutions Plus attendees at this week's tile industry conference in Boston, consultant Bruce Zwicker said ceramic professionals have a huge opportunity in the market.
Jackson, MS, October 31, 2024 - The National Tile Contractors Association (NTCA) has announced the recipients of the 2024 NTCA Tile Setter Craftsperson of the Year awards, honoring two exceptional tile professionals for their dedication, craftsmanship, and industry leadership.
Washington, DC, November 1, 2024-Total nonfarm payroll employment was essentially unchanged in October (+12,000), and the unemployment rate was unchanged at 4.1%, the U.S. Bureau of Labor Statistics reported.
Tempe, AZ, November 1, 2024-The Manufacturing Purchasing Managers’ Index (PMI) registered 46.5% in October, 0.7 percentage point lower compared to the 47.2% recorded in September, say the nation's supply executives in the latest Manufacturing ISM Report On Business. This is the lowest Manufacturing PMI reading in 2024.
Atlanta, GA, October 31, 2024—Floor & Décor announced net sales of $1,117.9 million for Q3 2024, an increase of 0.9% from $1,107.8 million in Q3 2023. Comparable store sales decreased 6.4%.
Washington, DC, October 31, 2024—Personal income increased $71.6 billion (0.3% at a monthly rate) in September, according to estimates released by the U.S. Bureau of Economic Analysis.
Washington, DC, October 31, 2024--Amidst elevated mortgage interest rates and tight housing supply, housing affordability is at a multidecade low, reports the National Association of Home Builders.
High Point, NC, October 31, 2024—"Retailers attending High Point Market are expecting better times ahead and as early as the first half of 2025, according to a TD Bank survey taken Oct. 26-28 at the fall market,” reports Furniture Today.
Turnhout, Belgium, October 31, 2024-I4F, a group of companies providing patents and technologies to the flooring industry, announced that Lioncore Industries Vietnam Co. Ltd. has signed an additional license agreement for I4F’s new HerringB/ONE, single panel drop-lock system.