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, June 29, 2022-Real gross domestic product (GDP) decreased at an annual rate of 1.6% in the first quarter of 2022, according to the third estimate released by the Bureau of Economic Analysis.
New York, NY, June 29, 2022—"Steeper borrowing rates and high prices in the housing market are leading many buyers to give up. That is welcome news for owners of single-family rental homes,” reports the Wall Street Journal.
Crossville, TN, June 29, 2022-Crossville has announced two promotions within its sales organization. Tom Kettering and Anthony Coggins are both expanding their roles as directors of sales for their respective geographic regions.
New York, NY, June 28, 2022—Home prices made a 20.4% annual gain in April, down from 20.6% in the previous month, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported.
Lancaster, PA, June 28, 2022-The potential buyer of part or all of Armstrong Flooring is expected to be revealed Wednesday, the same day a bankruptcy judge is set to hear testimony from unions, retirees and creditors trying to stop or change terms of the sale, reports Lancaster Online.
Helsinki, Finland, June 28, 2022-Effective September 26, Emmanuelle Picard will take on the role as executive vice president of the building materials division of Ahlstrom-Munksjö.
Washington, DC, June 27, 2022-The Pending Home Sales Index inched up 0.7% to 99.9 in May, according to the National Association of Realtors (NAR).
Washington, DC, June 27, 2022—New orders for manufactured durable goods in May increased $1.9 billion or 0.7% to $267.2 billion, the U.S. Census Bureau announced.
Sterling, VA, June 27, 2022—Record-breaking diesel fuel prices are forcing some logging and trucking operations to shut down, reports the Decorative Hardwoods Association.
Henderson, NV, June 27, 2022—Ntgrate premium woven vinyl announces that Hero Flooring has been named the national distributor for its lines in the North American market.