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, March 16, 2022—Rising home prices and interest rates can negatively affect housing affordability, as shown in recent NAHB reports related to its 2022 Priced-Out Estimates.
Spartanburg, SC, March 16, 2022—Milliken & Company has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies.
Washington, DC, March 16, 2022—The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,784.8 billion, up 3.7% from December 2021 and was up 15.5% from January 2021, according to the U.S. Census Bureau.
New York, NY, March 15, 2022-Federal Reserve Chairman Jerome Powell took much of the suspense out of this week’s policy meeting when he said recently he would propose raising interest rates by a quarter percentage point from near zero, which would be the first increase since 2018, reports the Wall Street Journal.
Washington, DC, March 15, 2022—The Producer Price Index for final demand increased 0.8% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
New York, NY, March 15, 2022—China’s new daily Covid-19 cases more than doubled, fueled by a worsening outbreak in northeastern Jilin that has seen authorities ban travel to or from the province and restrict the movements of millions of residents, reports the Wall Street Journal. This could add to the supply chain disruption for China-produced flooring.
Amasa, MI, March 15, 2022-When NCAA March Madness tips off this week, Connor Sports, a Gerflor company, will again play a role in the 2022 NCAA Division I Men's and Women's Basketball Championships culminating in the Final Four.
New York, NY, March 15, 2022—Benchwick has developed an electronic beam technology to cure protective coatings for flooring and other interior surfaces.
Salem, NJ, March 15, 2022—Mannington associates have just finished a pledge drive to support the work of World Central Kitchen, a hunger relief organization that heads to the frontlines, providing meals in response to humanitarian and community crises.
Brooklyn, NY, March 14, 2022-U.S. ceramic tile imports in January 2022 were down by 13.1% in square meters but down by only 3.7% in dollars, reports Grosser Consulting.