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, December 4, 2024—Mortgage applications increased 2.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 29, 2024.
Washington, DC, December 4, 2024—New orders for manufactured goods in October, up following two consecutive monthly decreases, increased $1.1 billion or 0.2% to $586.7 billion, the U.S. Census Bureau reported. This followed a 0.2% September decrease.
Baltimore, MD, December 3, 2024-Carpet N' Things, Inc. d/b/a FloorMax has announced its strategic acquisition of Carpet Fair, which includes Next Day Floors and Carpet Fair Commercial.
St. Paul, MN, December 3, 2024-H.B. Fuller Company will sell its flooring business to Pacific Avenue Capital Partners, a private equity firm based in Los Angeles, California.
Washington, DC, December 3, 2024—More residential construction is occurring in low density suburbs and outlying areas because of several factors that affect housing affordability, including the continued lack of buildable lots, higher home building costs and an ongoing shortage of construction workers.
Solon, OH, December 3, 2024—Tarkett Home has announced the addition of Cristen DelBove as the director of hard surface design.
Washington, DC, December 3, 2024—The number of job openings was little changed at 7.7 million on the last business day of October, the U.S. Bureau of Labor Statistics reported.
Washington, DC, December 2, 2024—Construction spending during October 2024 was estimated at a seasonally adjusted annual rate of $2,174.0 billion, 0.4% above the revised September estimate of $2,164.7 billion, according to the U.S. Census Bureau.
New York, NY, December 2, 2024—"It is an odd and confusing season for homebuyers,” reports the Wall Street Journal.
Tempe, AZ, December 2, 2024— The Manufacturing Purchasing Managers’ Index (PMI) registered 48.4% in November, 1.9 percentage points higher compared to the 46.5% recorded in October, according to the latest Manufacturing ISM Report On Business.