Today's Flooring News

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.

Existing-Home Sales Rose 4.8% in November

Existing-Home Sales Rose 4.8% in November

Washington, DC, December 19, 2024—Total existing-home improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November, according to the National Association of Realtors.

Q3 GDP Revised Up to 3.1% in Third Estimate

Q3 GDP Revised Up to 3.1% in Third Estimate

Washington, DC, December 19, 2024-Real gross domestic product (GDP) increased at an annual rate of 3.1% in Q3 2024, according to the third estimate released by the U.S. Bureau of Economic Analysis. In Q2, real GDP increased 3.0%.

Fed Cuts Interest Rates but Signals Slowing of Cuts

Fed Cuts Interest Rates but Signals Slowing of Cuts

New York, NY, December 19, 2024-"The Federal Reserve signaled greater doubt over how much it would continue to cut interest rates after agreeing to a reduction on Wednesday that Chair Jerome Powell conceded had been a close call,” reports the Wall Street Journal.

Mohawk's Lorberbaum Offers Industry Outlook at Edge Summit

Mohawk's Lorberbaum Offers Industry Outlook at Edge Summit

Aurora, CO, December 19, 2024--During Mohawk’s biennial Edge summit for aligned dealers, which wrapped up last night, chairman and CEO Jeff Lorberbaum offered attendees some perspective regarding the industry and its expected pickup in demand.

TISE & Las Vegas Market Will Overlap in 2025

TISE & Las Vegas Market Will Overlap in 2025

Las Vegas, NV, December 19, 2024—The Winter 2025 Las Vegas Market and The International Surface Event (TISE) will overlap, creating a cross-category sourcing opportunity in Las Vegas in January.