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.
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.
Columbus, OH, February 27, 2023—Bob Broda has joined Strnet as new membership development representative.
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.
Washington, DC, February 24, 2023-Sales of new single-family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.2% above the revised December rate of 625,000 but 19.4% below the January 2022 estimate of 831,000.
Ann Arbor, MI, February 24, 2023—Consumer sentiment rose 3.2% in February to 67.0, according to final results from the University of Michigan Survey of Consumers.
Washington, DC, February 24, 2034—In 2022, U.S. imports of multilayered wood flooring rose by more than 11% in value to more than $1.3 billion and 7% in volume to more than 761 million square feet, according to the Decorative Hardwoods Association.
Ludwigshafen, DE, February 24, 2023-BASF has announced that it will close its Ludwigshafen, Germany caprolactam plant.
Stockholm, Sweden, February 24, 2023—For Q1 2023, Kährs reports that net sales rose 8% to SEK 937 million (867).
New York, NY, February 24, 2023—"Wayfair Inc. lost five million customers in 2022, shrinking the online furniture retailer’s shopper count to near its size before the Covid-19 pandemic triggered a consumer-spending surge,” reports the Wall Street Journal.
Dalton, GA, February 24, 2023—Shaw Industries has been named the top winner in four employer categories for the Chattanooga Times Free Press 2023 North Georgia Best of the Best awards.