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.
New York, NY, October 27, 2023-"The Federal Reserve’s favorite inflation measure is estimated to show that price pressures picked up modestly last month amid a surge in economic growth, a strong labor market and a consumer spending splurge,” reports the Wall Street Journal.
Calhoun, GA, October 27, 2023—Mannington Commercial, a manufacturer of commercial flooring products, is partnering with Appalachian Carbon Exchange (ACE), a non-profit initiative of the Tennessee River Gorge Trust, as its carbon offset partner.
Charlottesville, VA, October 27, 2023—Spec-ID, an innovator in commercial construction product data, announced the seamless integration between Spec-ID and JengAI.
Washington, DC, October 26, 2023—Real gross domestic product (GDP) increased at an annual rate of 4.9% in Q3 2023, according to the advance estimate released by the Bureau of Economic Analysis.
Columbus, OH, October 26, 2023-America’s Floor Source (AFS) has acquired MK Interiors in Northern Kentucky.
Washington, DC, October 26, 2023—The Pending Home Sales Index (PHSI) rose 1.1% to 72.6 in September, according to the National Association of Realtors.
Portsmouth, NH, October 26, 2023—At the close of Q3 2023, the total U.S. construction pipeline stands at 5,704 projects/672,676 rooms, up 7% year-over-year (YOY) by projects and rooms, according to the most recent Construction Pipeline Trend Report for the United States by Lodging Econometrics (LE).
Washington, DC, October 26, 2023—New orders for manufactured durable goods in September, up following two consecutive monthly decreases, increased $13.2 billion or 4.7% to $297.2 billion, the U.S. Census Bureau announced.
Waregem, Belgium, October 26, 2023-Belysse-owner of Bentley, Modulyss, ITC and Arc Edition-reported Q3 consolidated group revenue of €73.6 million, down 19.2% year over year.
Washington, DC, October 26, 2023—In the week ending October 21, the advance figure for seasonally adjusted initial claims was 210,000, an increase of 10,000 from the previous week's revised level, reports the Department of Labor.