HMTX Named to Inc. 5000 List
Norwalk, CT, August 23, 2021—HMTX Industries has been ranked number 3603 on its annual Inc. 5000 list, a ranking of the nation’s fastest-growing private companies.
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.
Construction Employment Lagged Below Pre-Pandemic Levels in July
Washington, DC, August 23, 2021--Construction employment in July remained below the levels reached before the pre-pandemic peak in February 2020 in 36 states, according to an analysis by the Associated General Contractors of America of government employment data.
New Delays Complicate Return to Office
New York, NY, August 23, 2021—With the latest wave of return-to-office delays from Covid-19, it is now possible that some offices may be closed for nearly two years, reports the Wall Street Journal, and a rising concern among executives is that the longer people stay at home, the harder or more disruptive it could be to eventually bring them back.
Unilin Granted Patent on Digital Structuring Technologies in Europe
Waregem, Belgium, August 23, 2021—The European Patent Office will grant a new European Patent on Unilin Technologies’ digital structuring technologies.
Milliken Raising Prices on Commercial Soft Surface & Resilient
Spartanburg, SC, August 20, 2021—Milliken will initiate a 2% to 4% price increase for its commercial soft surface flooring and an increase of 5% to 10% for resilient flooring, effective September 20.
Construction Starts Slid 3% in July
Hamilton, NJ, August 20, 2021-Total construction starts fell 3% in July to a seasonally adjusted annual rate of $854.8 billion, according to Dodge Data & Analytics. There were few bright spots during the month, with all three sectors (residential, nonresidential building and nonbuildings) moving lower in July.
U.S. Economy Should Continue to Outgrow China's in Upcoming Quarters
New York, NY, August 20, 2021-The U.S. and China are trading places in the economic growth race, reports the Wall Street Journal.
Multifamily Builder Confidence Slid in Q2
Washington, DC, August 19, 2021—Confidence in the market for new multifamily housing dropped three points to 48 in Q2, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The Multifamily Occupancy Index (MOI) increased six points to 70.
CFI Convention Underway in Orlando
Orlando, FL, August 19, 2021—Certified Flooring Installers (CFI) is holding its 24th annual convention at the Rosen Shingle Creek Resort in Orlando, Florida.
Bill Kilbride Named Chairman of Tennessee Valley Authority Board
Chattanooga, TN, August 19, 2021—Two years after joining the Tennessee Valley Authority (TVA) board of directors, William (Bill) Kilbride was elected chairman of the TVA board, reports the Times Free Press.