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, August 18, 2022—Total existing-home sales slipped 5.9% from June to a seasonally adjusted annual rate of 4.81 million in July, according to the National Association of Realtors. Year-over-year, sales fell 20.2% (6.03 million in July 2021).
Washington, DC, August 18, 2022—The price of materials and services used in nonresidential construction fell 1.3% in July, while contractors’ bid prices rose 5.4%, according to an analysis by the Associated General Contractors of America of government data.
Washington, DC, August 18, 2022—Total construction employment moved up to 7,706,000 in July as both residential and nonresidential construction firms added jobs for the month, according to the Associated General Contractors of America.
Washington, DC, August 18, 2022-In the week ending August 13, the advance figure for seasonally adjusted initial claims was 250,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.
Clarksville, TN, August 18, 2022-Florim USA was one of nine companies statewide to receive the 2022 Governor’s Environmental Stewardship Awards (GESA). The category awarded was for Sustainable Performance.
Washington, DC, August 17, 2022-Advance estimates of U.S. retail and food services sales for July 2022 were $682.8 billion, virtually unchanged from the previous month but 10.3% above July 2021, according to the U.S. Census Bureau.
Mooresville, NC, August 17, 2022-Lowe's reported net sales of $27.5 million for Q2 2022, a .3% decline compared to sales of $27.6 million in Q2 2021.
Washington, DC, August 17, 2022—Mortgage applications decreased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 12, 2022.
Mountville, PA, August 17, 2022—AHF Products announced that flooring distributor Belknap-Haines will be the distributor of Armstrong brand flooring resilient products in Ohio, Indiana, and Kentucky, effective immediately.
Dalton, GA, August 17, 2022—Shaw is a contributing sponsor for Bridge Innovate’s Bright Spark 2022 Invention Challenge.