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, May 24, 2023—Mortgage applications decreased 4.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 19, 2023.
New York, NY, May 24, 2023—Choice Hotels International is seeking to buy Wyndham Hotels & Resorts, according to people familiar with the matter, a deal that would create one of the biggest budget hotel owners in the country with brands including Days Inn and Econo Lodge, according to the Wall Street Journal.
Washington, DC, May 23, 2023—Sales of new single-family houses in April 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.1% above the revised March rate of 656,000 and 11.8% above the April 2022 estimate of 611,000.
Scottsdale, AZ, May 23, 2023-During Starnet’s annual meeting, held May 18 to 21 in Scottsdale, Arizona, the group announced changes to its board and Starnet Design Awards winners.
Mooresville, NC, May 23, 2023—Lowe’s Q1 2023 sales were $22.3 billion, a 5.9% decline compared to sales of $23.7 billion in the same period last year.
St. Louis, MO, May 23, 2023—The National Wood Flooring Association (NWFA) announced the addition of Rick Holden and the late Don Conner to the NWFA Hall of Fame during the NWFA Wood Flooring Expo in Milwaukee, Wisconsin on May 2.
Washington, DC, May 23, 2023—The World Floor Covering Association (WFCA) held its board meeting last week in Washington, DC.
Dalton, GA, May 23, 2023-J+J Flooring has opened a new flagship showroom in Chicago’s Fulton Market.
Washington, DC, May 23, 2023—Seasonally adjusted construction employment rose from April 2022 to April 2023 in 42 states and the District of Columbia, declined in seven states, and held steady in Hawaii, according to Associated General Contractors’ analysis of data by the Bureau of Labor Statistics.
Atlanta, GA, May 22, 2023—Vinyl flooring imports saw a sharp decline in units in March, down 48.1% year over year (YOY), compared to only a 4.8% YOY decline in the prior month, according to Truist Securities.