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, July 16, 2020-In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family homes jumped 14 points to 72 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Cambridge, MA, July 16, 2020—Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Atlanta, GA, July 16, 2020—Interface announced an amendment to its syndicated credit facility providing for, among other things, enhanced financial covenant flexibility through the fiscal quarter ending April 3, 2022.
Chattanooga, TN, July 16, 2020--Durward “Don” Garland Whitfield, 84, of Shaw Industries died July 1.
San Diego, CA, July 16, 2020—Vincent N. Pompo, 93, of Southwestern Tile & Marble Company and the Ceramic Tile Distributor Association, died July 14.
Washington, DC, July 16, 2020—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,284.3 billion, up 8.4% from April 2020, but was down 11.8% from May 2019, according to the U.S. Census Bureau.
Hannover, DE, July 16, 2020-Domotex released detail about the 2021 event, which will take place January 15 to 18 in Hannover, Germany.
Washington, DC, July 16, 2020-In the week ending July 11, the advance figure for seasonally adjusted initial claims was 1,300,000, a decrease of 10,000 from the previous week's revised level, reports the Department of Labor.
Cartersville, GA, July 16, 2020—Patcraft has recognized Walnut Grove Elementary School in Bargersville, Indiana, as a “Schools of the Future!” honoree.
Dalton, GA, July 16, 2020-Meridian Adhesives Group has acquired E-Chem.