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.
New York, NY, February 25, 2022-Mortgage rates hovered just below 4% for a second week, maintaining stress on potential buyers facing high prices and low inventory, according to the Wall Street Journal.
Washington, DC, February 25, 2022-Confidence in the market for new multifamily housing improved in Q4 2021, according to results from the Multifamily Market Survey released today by the National Association of Home Builders (NAHB).
Washington, DC, February 25, 2022—Personal income increased $9.0 billion (less than 0.1%) in January, according to estimates released by the Bureau of Economic Analysis.
Washington, DC, February 25, 2022—New orders for manufactured durable goods in January increased $4.3 billion or 1.6% to $277.5 billion, the U.S. Census Bureau announced.
Dalton, GA, February 25, 2022—Shaw Industries has been named the top winner in three employer categories for the Chattanooga Times Free Press 2022 North Georgia Best of the Best awards.
Washington, DC, February 24, 2022-Real gross domestic product (GDP) increased at an annual rate of 7.0% in Q4 2021, following an increase of 2.3% in Q3, according to the Bureau of Economic Analysis.
Chattanooga, TN, February 24, 2022—Shaw, Engineered Floors and Mohawk have announced prices increases.
Hong Kong, February 23, 2022-CFL Flooring (Creative Flooring Solutions) has been granted a patent from the United States Patent and Trademark Office for the GridTech SPC Extrusion Technology used on its acoustic multilayer flooring products and other SPC based products.
Wyandotte, MI, February 24, 2022-Effective March 1, or as contracts allow, BASF will increase prices for caprolactam and polyamide 6 (PA6) by $0.10 per pound in North America.
Washington, DC, February 24, 2022—Sales of new single-family houses in January 2022 were at a seasonally adjusted annual rate of 801,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.5% below the revised December rate of 839,000 and 19.3% below the January 2021 estimate of 993,000.