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.
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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.
Berkshire's Building Product Sales Rose 15.7% in '22, Retail Sales Up 1.8%
Omaha, NE, February 27, 2023—Berkshire Hathaway reported fiscal year 2022 results over the weekend; the company owns Shaw Industries, Nebraska Furniture Mart and RC Willey.
Hospitality Construction Pipeline Up 4% YOY in 2022
Portsmouth, NH, February 27, 2023-At the close of 2022, Lodging Econometrics (LE) analysts report that the total global construction pipeline stands at 14,267 projects, a 4% increase year-over-year (YOY), with 2,298,846 rooms, according to the company’s Q4 year-end Global Construction Pipeline Trend Report.
Bob Broda Joins Starnet as Membership Development Representative
Columbus, OH, February 27, 2023—Bob Broda has joined Strnet as new membership development representative.
Orders for Durable Goods Declined 4.5% in January
Washington, DC, February 27, 2023-New orders for manufactured durable goods in January, down two of the last three months, decreased $13.0 billion or 4.5% to $272.3 billion, the U.S. Census Bureau announced. This followed a 5.1% December increase.