Manufacturing PMI Inched Up to 47.7% in February
Tempe, AZ, March 1, 2023-The February Manufacturing Purchasing Managers Index (PMI) registered 47.7%, 0.3 percentage point higher than the 47.4% recorded in January.
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.
Mortgage Applications Declined 5.7% in Week Ending February 24
Washington, DC, March 1, 2023—Mortgage applications decreased 5.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 24, 2023.
Galleher Expands Partnership for GemCore with Fuse
Santa Fe Springs, CA, March 1, 2023-Galleher Commercial Flooring, a provider of flooring solutions for commercial spaces, and Fuse Alliance, a member-owned organization of professional commercial flooring contractors, are proud to announce an expanded partnership to include GemCore Resilient commercial flooring.
Worx to Provide CRM Support to FCEF
Dalton, GA, March 1, 2023—Worx Solutions Management is helping the Floor Covering Education Foundation (FCEF) manage its contacts and operations through the development of a custom CRM solution.
Interface Reports Sales Decline of 1.2% for Q4, Earnings Loss of $24.6M
Atlanta, GA, February 28, 2023—Interface reported net sales of $335.6 million for Q4 2022, a 1.2% decline from Q4 2022’s $339.6 million.
Home Prices Rose 5.8% YOY in December, Says Case-Shiller
New York, NY, February 28, 2023—Home prices made a 5.8% annual gain in December, down from 7.6% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
CA Carpet Stewardship Program Achieved 33% Recycling Rate in '22
Dalton, GA, February 28, 2023—In an all-time record, the California Carpet Stewardship Program achieved a recycling rate of 33% for 2022.
Tarkett Adds to Sustainability & Design Teams
Solon, OH, February 28, 2023-Tarkett recently expanded its sustainability and design teams.
Europe & Asian Workers Return to Office at Higher Rate Than Americans
New York, NY, February 28, 2023—"While U.S. offices are half empty three years into the Covid-19 pandemic, workplaces in Europe and Asia are bustling again,” reports the Wall Street Journal.
Pending Home Sales Rose 8.1% in January
Washington, DC, February 27, 2023—The Pending Home Sales Index (PHSI) improved 8.1% to 82.5 in January, according to the National Association of Realtors.