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 19, 2022—In the week ending May 14, the advance figure for seasonally adjusted initial claims was 218,000, an increase of 21,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, May 18, 2022—The American Institute of Architects’ (AIA) Architecture Billings Index score for April was 56.5 compared to 58.0 in March.
Mooresville, NC, May 18, 2022— Lowe’s reported net sales of $23.7 billion for Q1 2022, a 3% increase compared to $24.4 billion in Q1 2021.
Hamilton, NJ, May 18, 2022-Total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion, according to Dodge Construction Network. Nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts fell 4%.
Washington, DC, May 18, 2022—Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,724,000, 0.2% below the revised March estimate of 1,728,000 but 14.6% above the April 2021 rate of 1,505,000, according to the U.S. Census Bureau.
Columbus, OH, May 18, 2022—On May 14, Starnet Worldwide Commercial Flooring Partnership held a shareholder meeting for its voting stockholders of record.
Washington, DC, May 18, 2022—Mortgage applications decreased 11.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 13, 2022.
Washington, DC, May 18, 2022—Americans continued to pump money into the U.S. economy in April, with increased retail spending offering the latest sign consumers are driving demand at stores and manufacturers despite the pinch from high inflation, reports the Wall Street Journal.
Las Vegas, NV, May 18, 2022—Surfaces 2023 (The International Surfaces Event/TISE) will take place January 31 to February 2, 2023.
Atlanta, GA, May 17, 2022—The Home Depot reported sales of $38.9 billion for Q1 2022, an increase of 3.8% from Q1 2021’s $37.5 billion.