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, July 10, 2023-Nationwide, rents declined 1% from a year earlier in May-the largest drop since 2020- as a building boom increased supply and economic uncertainty cooled demand, reports Redfin.
Rockwell, TX, July 10, 2023-Advanced Flooring Technologies (AFT) has completed its first two-week session of a new 3-Phase Installer Course developed by Robert Varden for new installers.
Round Top, TX, July 10, 2023—Eco Material Technologies and Hive 3D have announced what they claim is the first community of homes built using additive construction with near zero-carbon cement, reports Daily Commercial News.
New York, NY, July 7, 2023-"The average long-term U.S. mortgage rate climbed to a new high for the year this week, pushing up borrowing costs for homebuyers already facing heightened competition in a housing market short on homes,” reports the Associated Press.
Richmond, VA, July 7, 2023—LL Flooring Holdings announced three new leadership team appointments, all effective July 10.
Washington, DC, July 7, 2023-- Total nonfarm payroll employment increased by 209,000 in June, and the unemployment rate changed little at 3.6%, the U.S. Bureau of Labor Statistics reported.
Milwaukee, WI, July 7, 2023—On June 19 to 23, the Premiere Tile Artisans Training event was held at the Dragonfly Tile and Stone Works shop.
Minneapolis, MN, July 7, 2023-Ryan Comer, 47, CEO of Minneapolis, Minnesota-based Renovation Systems, died June 30 in a plane crash.
Roseland, NJ, July 6, 2023—Private sector employment increased by 497,000 jobs in June, and annual pay was up 6.4% year-over-year, according to the June ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Washington, DC, July 6, 2023-The goods and services deficit was $69.0 billion in May, down $5.5 billion from $74.4 billion in April, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.