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.

Construction Employment Rose in 39 States YOY in May

Construction Employment Rose in 39 States YOY in May

Washington, DC, June 27, 2024—Construction employment increased in 39 states in May from a year earlier, while 26 states added construction jobs between April and May, according to a new analysis of federal employment data released by the Associated General Contractors of America.

Durable Goods Orders Rose 0.1% in May

Durable Goods Orders Rose 0.1% in May

Washington, DC, June 27, 2024—New orders for manufactured durable goods in May, up four consecutive months, increased $0.3 billion or 0.1% to $283.1 billion, the U.S. Census Bureau announced.

Architecture Billings Declined to 42.4 in May

Architecture Billings Declined to 42.4 in May

Washington, DC, June 26, 2024-The American Institute of Architects (AIA) Architecture Billings Index (ABI) score declined to 42.4 in May, as more firms reported a decrease in billings than the month prior.

New-Home Sales Declined 11.3% in May

New-Home Sales Declined 11.3% in May

Washington, DC, June 26, 2024—Sales of new single-family houses in May 2024 were at a seasonally adjusted annual rate of 619,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 11.3% below the revised April rate of 698,000 and 16.5% below the May 2023 estimate of 741,000.

Nourison Home Acquires J Mish Mills

Nourison Home Acquires J Mish Mills

Saddle Brook, NJ, June 26, 2024-Nourison Home has purchased J Mish Mills, a carpet manufacturer that specializes in wool floorcoverings that offer modern, unique and classic designs through applied patterns.

Private Equity Firm KKR Invests $2.1 Billion in Multifamily Market

Private Equity Firm KKR Invests $2.1 Billion in Multifamily Market

New York, NY, June 26, 2024—"KKR has completed its largest-ever purchase of apartment buildings, the latest in a string of big-ticket deals, signaling that some of the most prominent investment firms are betting on a broad rebound for multifamily housing,” reports the Wall Street Journal.