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.
Nashville, TN, December 15, 2022—Mohawk named the eight finalists for its retailer of the year award at a luncheon at the Opryland Gaylord on December 14 during its Edge Summit. The winner, Bruce Odette of Denver, Colorado-based Carpet Exchange, was named during the final party that evening.
Washington, DC, December 15, 2022-Advance estimates of U.S. retail and food services sales for November 2022 were $689.4 billion, down 0.6% from the previous month but up 6.5% above November 2021, according to the U.S. Census Bureau.
Washington, DC, December 15, 2022—In the week ending December 10, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 20,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, December 15, 2022-The price of materials and services used in nonresidential construction continued rising at a double-digit rate in November from a year earlier, propelled by outsized increases in the cost of a variety of building materials, according to an analysis by the Associated General Contractors of America of government data.
Washington, DC, December 15, 2022—Industrial production declined 0.2% in November, according to the Federal Reserve.
Bethlehem, PA, December 15, 2022—The 2023 Kitchen & Bath Industry Show (KBIS) attendee registration numbers for 2023 are pacing significantly above pre-2020 levels when the show was last held in Las Vegas.
Washington, DC, December 14, 2022—Mortgage applications increased 3.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 9, 2022.
Washington, DC, December 15, 2022—The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,859.5 billion, up 0.8% from September 2022 and was up 10.1% from October 2021, according to the U.S. Census Bureau.
Nashville, TN, December 14, 2022-Jeff Lorberbaum, CEO of Mohawk, spoke to the 800 retailer attendees at the Nashville, Tennessee Edge Summit.
Hamont, Belgium, December 14, 2022—I4F, a group of companies providing patents and technologies to the flooring industry, announced the termination of two license agreements. One with Shanghai Hanna Material Co. Ltd. and the other with Anhui Hanhua Building Materials Technology Co. Ltd.