Orders for Durable Goods Declined Slightly in July
Washington, DC, August 24, 2022—New orders for manufactured durable goods in July decreased less than $0.1 billion or virtually unchanged to $273.5 billion, the U.S. Census Bureau announced.
Today's Flooring News
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.
Mobile Marketing Names Bryan Snader Director of Digital Solutions
Pottstown, PA, August 24, 2022—With 25 years’ experience managing, designing and developing software solutions in the flooring industry, Bryan Snader recently joined Mobile Marketing as the director of digital solutions.
Dixie Home Adds Dealer Locator & Visualization Tool to Website
Dalton, GA, August 24, 2022-Dixie Home has launched a new website.
Sara Olofsson Named CCO for Kährs
Malmo, Sweden, August 24, 2022—Sara Olofsson has been appointed as new CCO for Kährs Commercial business segment, including the sub-segments healthcare & education, office, hospitality, and shop fitting into retail stores.
New Home Sales Declined 12.6% in July
Washington, DC, August 23, 2022-Sales of new single-family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development, 12.6% below the revised June rate of 585,000 and is 29.6% below the July 2021 estimate of 726,000.
Interface Releases '21 Environmental, Social, & Governance Report
Atlanta, GA, August 23, 2022—Interface has released its 2021 Environmental, Social, and Governance (ESG) Report, Design With Purpose.
Q2 Housing Affordability Hits Lowest Level Since Great Recession
Washington, DC, August 23, 2022—Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second quarter of 2022.
Spectra Adds Butler Flooring Services in Louisville
Louisville, KY, August 22, 2022-Spectra Contract Flooring, a commercial contractor and Diverzify company, is announcing a partnership with Butler Flooring Services, a Kentucky-based commercial floorcovering specialist.
Chris McKee Resigns as CFI President
Dalton, GA, August 22, 2022—Chris McKee has resigned as CFI president.
China Took Share as Global Producer of Goods Amid Pandemic
Washington, DC, August 22, 2022-For all the talk in Western capitals of reducing reliance on Chinese factories, China has in the past two years consolidated its position as the world’s dominant supplier of manufactured goods, reports the Wall Street Journal.