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 1, 2023—Construction spending during December 2022 was estimated at a seasonally adjusted annual rate of $1,809.8 billion, 0.4% below the revised November estimate of $1,817.3 billion, according to the U.S. Census Bureau. The December figure is 7.7% above the December 2021 estimate of $1,681.0 billion.
Roseland, NJ, February 1, 2023—Private sector employment increased by 106,000 jobs in January, and annual pay was up 7.3% year-over-year, according to the January ADP National Employment Report.
Washington, DC, February 1, 2023—Mortgage applications decreased 9.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2023.
Washington, DC, February 1, 2023—The number of job openings increased to 11.0 million on the last business day of December, the U.S. Bureau of Labor Statistics reported.
Tempe, AZ, February 1, 2023—The December Manufacturing Purchasing Managers Index (PMI) registered 48.4%, 0.6 percentage point lower than the 49% recorded in November.
Las Vegas, NV, January 31, 2023-The International Surfaces Events (TISE) starts today in Las Vegas, Nevada, running through February 2.
Dalton, GA, January 31, 2023—Mannington Mills has announced that Mark Clayton, president of Phenix Flooring, will retire on March 31.
New York, NY, January 31, 2023—The engine of the U.S. economy—consumer spending—is starting to sputter, reports the Wall Street Journal.
New York, NY, January 31, 2023—Home prices made a 9.2% annual gain in November, down from 10.7% 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.
Dalton, GA, January 31, 2023—The Sellers Service center for carpet shearing machines, including its specialized machinery and inventory, has been acquired by Colter Creswell of Sellers Service Solutions.