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.
Portsmouth, NH, February 19, 2024—The Q4 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the global hotel construction pipeline continues its upward trajectory, reaching a new all-time high project count with 15,820 projects/2,438,189 rooms, a 4% increase in projects and a 3% increase in rooms year-over-year (YOY).
Madison, NJ, February 19, 2025—Better Homes & Garden ran an article titled, “7 Outdated Flooring Styles Designers Aren't Using in 2025.”
Washington, DC, February 18, 2025—Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level in five months, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Seattle, WA, February 18, 2025—Just under one-third (32.6%) of U.S. home purchases were made in cash in 2024, down from 35.1% the year before and the lowest share since 2021, according to a new report from Redfin.
Seattle, WA, February 18, 2025—The "singles tax"—the extra amount solo renters pay for a one-bedroom compared to splitting rent with roommates or partners—has soared to a record-high $7,562, according to a new Zillow Rentals analysis.
Middlefield, OH, February 17, 2025—Tarkett will close its Middlefield, Ohio distribution center; however, manufacturing will continue there, reports the Geauga County Maple Leaf.
Resaca, GA, February 17, 2025—Lighthouse Adhesives, a manufacturer of flooring adhesives, has formed a distribution partnership with Hank’s Specialties.
Jacksonville Beach, FL, February 17, 2025-Jack Love, 90, founder of Congoleum Nairn, died February 7.
Mountville, PA, February 13, 2025-AHF Products has announced the departure of president and CEO Brian Carson, who has led the company for six years.
Washington, DC, February 14, 2025—Prices for U.S. imports increased 0.3% in January, after advancing 0.2% in December, the U.S. Bureau of Labor Statistics reported.