Rick Cain Named President of Fabulous Floors
Carrollton, TX, September 17, 2020—Rick Cain has been appointed to the role of president of Fabulous Floors.
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 Decreased by 33,000 in Second Week of Sept.
Washington, DC, September 17, 2020-In the week ending September 12, the advance figure for seasonally adjusted initial claims was 860,000, a decrease of 33,000 from the previous week's revised level, according to the Department of Labor.
Construction Starts Rose 19% in August, Says Dodge Data
Hamilton Township, NJ, September 16, 2020—Total construction starts rose 19% in August to a seasonally adjusted annual rate of $793.3 billion, according to Dodge Data & Analytics.
Builder Confidence Rose Five Points to 83 in September
Washington, DC, September 16, 2020—In a strong signal that housing is leading the economic recovery, builder confidence in the market for newly-built single-family homes increased five points to hit an all-time high of 83 in September, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).
Retail Sales Rose 0.6% in August
Washington, DC, September 16, 2020—Advance estimates of U.S. retail and food services sales for August 2020 were $537.5 billion, an increase of 0.6% from the previous month and 2.6% above August 2019, according to the Department of Commerce.
Crossville Sponsors Southern Living Idea home
Crossville, TN, September 16, 2020-Domestic tile manufacturer Crossville is a tile supplier and sponsor of this year’s Southern Living Idea Home located in Asheville, North Carolina.
MSI Sponsors Atlanta 2020 Show House
Atlanta, GA, September 16, 2020—MSI is a silver sponsor of the seventh Annual 2020 Show House at Serenbe Farms, presented by Atlanta Homes & Lifestyles magazine.
ASID Applauds Colorado's Passing of Interior Design Legislation
Denver, CO, September 16, 2020—The American Society of Interior Designers (ASID) and the International Interior Design Association (IIDA) have successfully worked with the state of Colorado to advance interior design practice with the passage of Colorado HB1165, which took effect on September 14.
Mortgage Applications Fell 2.5% in Second Week of September
Washington, DC, September 16, 2020—Mortgage applications decreased 2.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 11, 2020.
Distrib. Trade Sales & Manu. Shipment Rose 8.4% in June
Washington, DC, September 16, 2020—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,394.0 billion, up 8.4% from May 2020 but was down 4.3% from June 2019, according to the U.S. Census Bureau.