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.
Montmagny, Quebec, September 28, 2022-As of May 27, Sébastien Mercier and Jean-Philippe Dumas, sons of Richard Mercier and Marielle Mercier, respectively, officially took over from their parents as the new business owners of Mercier Wood Flooring.
New York, NY, September 28, 2022—"China’s central bank warned market participants against speculating on the yuan, after the currency slid to its weakest level against the dollar in more than 14 years and hit a record low in international trading,” according to the Wall Street Journal.
Washington, DC, September 28, 2022—Mortgage applications decreased 3.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 23, 2022.
Washington, DC, September 27, 2022—Sales of new single-family houses in August 2022 were at a seasonally adjusted annual rate of 685,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 28.8% above the revised July rate of 532,000 but 0.1% below the August 2021 estimate of 686,000.
New York, NY, September 27,2022—Home prices made a 15.8% annual gain in July, down from 18.1% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
Calhoun, GA, September 27, 2022—Mohawk Industries’ thirteenth annual Environmental, Social and Governance Report highlights the company’s internal and external partnerships that are driving its commitment to achieving a better tomorrow together.
Washington, DC, September 27, 2022—New orders for manufactured durable goods in August, down two consecutive months, decreased $0.6 billion or 0.2% to $272.7 billion, the U.S. Census Bureau.
Dalton, GA, September 27, 2022—In anticipation of the pending European Green Deal, Novalis is developing Digital Product Passports (DPPs) for its commercial AVA brand, which will help contractors and end-users easily and quickly identify the products and find important installation, removal and replacement information via a QR code on the back.
New York, NY, September 27, 2022—Benchwick announced a new technology called Envision.Style that “learns” wood species (color, grain, patterns, etc.) and then recreates panels that are true to the original sample.
Bologna, IT, September 26, 2022-The 39th Cersaie opens today at the Bologna Exhibition center with a program of events organized with the support of the Italian Ministry of Foreign Affairs and International Cooperation and the Italian Trade Agency ITA.