Durable Goods Orders Rose 2.3% in May
Washington, DC, June 24, 2021-- New orders for manufactured durable goods in May increased $5.7 billion or 2.3% to $253.3 billion, the U.S. Census Bureau announced.
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.
Initial Jobless Claims Slid 7,000 to 411,000 in Third Week of June
Washington, DC, June 24, 2021—In the week ending June 19, the advance figure for seasonally adjusted initial claims was 411,000, a decrease of 7,000 from the previous week's revised level, according to the Department of Labor.
Teknoflor Receives Vizient Environmentally Preferred Contract
Milwaukee, WI, June 24, 2021—Teknoflor, a supplier of high-performance commercial flooring, has received an environmentally preferred contract from Vizient, Inc., the nation’s largest member-driven health care performance improvement company.
Ecore Announces Name Changes on Athletic Collections/Products
Lancaster, PA, June 24, 2021—Ecore has announced some changes in the way the company refers to two of its Ecore Athletic collections and products.
May New Home Sales Down 5.9% from April, but Up 9.2% YOY
Washington, DC, June 23, 2021—Sales of new single-family houses in May 2021 were at a seasonally adjusted annual rate of 769,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 5.9% below the revised April rate of 817,000 but 9.2% above the May 2020 estimate of 704,000.
Mortgage Applications Rose 2.1% in Third Week of June
Washington, DC, June 23, 2021—Mortgage applications increased 2.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 18, 2021.
Anita Bryant Named Business Operations Manager for Küberit USA
Florence, AL, June 23, 2021—Küberit USA has named Anita Bryant its business operations manager in its most recent move expanding and supporting the company’s support, logistics, and fulfillment functions.
Existing-Home Sales Slid 0.9% in May, Median Home Price Hit Record High
Washington, DC, June 22, 2021-Existing-home sales decreased for a fourth straight month in May, according to the National Association of Realtors. Only one major U.S. region recorded a month-over-month increase, while the other three regions saw sales decline.
Hardwood Flooring Lumber Prices at All-Time High
Chattanooga, TN, June 22, 2021-Compared to before the pandemic, hardwood lumber prices have increased 83% to an all-time high, says Neil Poland, president of Mullican Flooring.
Universal Fibers Introduces Carbon Negative Fiber
Bristol, VA, June 22, 2021-Global fiber manufacturer Universal Fibers has announced Thrive matter, a nylon fiber whose end-to-end production will actually remove carbon from the earth’s atmosphere.