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 23, 2023-Real gross domestic product (GDP) increased at an annual rate of 2.7% in Q4 2022, according to the second estimate released by the Bureau of Economic Analysis.
Washington, DC, February 23, 2023-In the week ending February 18, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 3,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, February 23, 2023-While the two main confidence indexes for multifamily housing increased slightly in Q4, they both remained in negative territory, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).
Calhoun, GA, February 23, 2023—Mohawk has rebranded its Five Star program as Edge Store.
Bel Air, MD, February 23, 2023—Spartan has expanded to Colorado.
Dallas, TX, February 23, 2023—Rug manufacturer Feizy Rugs welcomes Michael Bauer as the director of trade relations.
Washington, DC, February 22, 2023-The Architecture Billings Index (ABI) score for January was 49.3 compared to 48.4 in December (any score below 50 indicates a decline in firm billings), according to the American Institute of Architects (AIA).
Hamilton, NJ, February 22, 2023-Total construction starts fell 27% in January to a seasonally adjusted annual rate of $865.6 billion, according to Dodge Construction Network. During the month, nonresidential building starts fell 38%, residential starts lost 20%, and nonbuilding starts declined by 16%.
Washington, DC, February 22, 2023—Mortgage applications decreased 13.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 17, 2023.
Washington, DC, February 22, 2023-The pandemic and hybrid work scenarios resulting from it have changed the corporate office landscape in multiple ways, reports the Wall Street Journal.