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, February 15, 2023—Mortgage applications decreased 7.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 10, 2023.
Washington, DC, February 15, 2023—The combined value of distributive trade sales and manufacturers’ shipments for December was estimated at $1,819.0 billion, down 0.6% from November 2022 but up 6.4% from December 2021.
Louisville, KY, February 15, 2023—Louisville Tile Distributors appointed Shannon Eisele as vice president of client experience and product development.
Washington, DC, February 14, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5% in January on a seasonally adjusted basis, after increasing 0.1% in December, the U.S. Bureau of Labor Statistics reported.
Washington, DC, February 14, 2023-The NFIB Small Business Optimism Index increased 0.5 points in January to 90.3, remaining below the 49-year average of 98.
Florence, AL, February 14, 2023-Tom Duffy Company has partnered with Schönox HPS North America to provide the full Schönox subfloor solutions line across its 29 locations in California, Nevada, and Arizona.
Dalton, GA, February 14, 2023—Novalis Innovative Flooring has announced its 2022 NovaFloor distributor of the year, Fishman Flooring Solutions.
Fort Mill, SC, February 14, 2023-Unique Loom has pledged to raise $1 million in donations for earthquake relief to Turkey.
Washington, DC, February 13, 2023-"The end of distressingly high inflation is coming into view,” reports the Wall Street Journal. “Consumer prices gained 6.5% in December, down from June’s 9.1% annual rate, the highest since 1981. There is good reason to think inflation will keep falling, Federal Reserve Chairman Jerome Powell said earlier this month.
Manchester, NH, February 13, 2023—Flooring America and The Floor Trader, divisions of the CCA Global Partners Retail Group, kicked off the new year by expanding their co-op membership with the addition of six new members and eight locations.