WFCA Seeking 2025 Hall of Fame Nominees
Dalton, GA, November 19, 2024––The World Floor Covering Association (WFCA) is accepting applications for nominations to the Floor Covering Industry Hall of Fame.
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.
Lon Musolf of Lon Musolf Flooring Company Has Died
Crosslake, MN, November 19, 2024--Londale “Lon” Musolf, 97, died November 7.
Homebuilder Confidence Rises to 46 in November
Washington, DC, November 18, 2024—Builder confidence in the market for newly built single-family homes was 46 in November, up three points from October, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Americans Need Six-Figure Income to Afford Home in Many Markets
New York, NY, November 18, 2024-"Americans need to earn nearly $108,000 a year to afford a single-family home in most cities now,” reports Fox Business.
Over Half of U.S. Homeowners Did Home Renovation Project Recently
Charlotte, NC, November 18, 2024-Over half of U.S. homeowners have completed major renovation project in past two years, a Nationwide survey of 1,000 U.S. homeowners found, reports Truist.
Many Homeowners Locked into Current Homes, Unable to Sell
New York, NY, November 18, 2024—"Here’s one of the most striking trends in the U.S. right now: Homeowners are sitting on a record $35 trillion of equity, more than double what had built up on the eve of the 2008 housing crash,” reports the Wall Street Journal.
Toray & PTT Explore Adipic Acid Production from Non-Edible Biomass
Tokyo, Japan, November 18, 2024-Toray Industries signed a memorandum of understanding with major Thai petrochemicals producer PTT Global Chemical Public Company Limited to explore mass production technology for adipic acid made from non-edible biomass.
Coverings Cares Program Returning to 2025 Event
Orlando, FL, November 18, 2024––Coverings 2025—returning to Orlando, Florida’s Orange County Convention Center (OCCC), April 29 to May 2, 2025—announces the return of its Coverings Cares program, pledging to match Coverings 2025 registrants’ donations up to $20,000.
Ceramic Tile Imports Declined 5.2% YOY in First 9 Months of 2024
New York, NY, November 15, 2024-In the first nine months of the year, total U.S. imports of ceramic tile were 134 million square meters, a decline of 5.2% from the same period in 2023 when imports were 141.5 million square meters, according to Grosser Consulting.
Industrial Production Declined 0.3% in October
Washington, DC, November 15, 2024-Industrial production (IP) decreased 0.3% in October after declining 0.5% in September, according to the Federal Reserve.