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.
Mountville, PA, June 17, 2020-AHF Products has announced that it will service all international customers out of its Sihanoukville, Cambodia plant and will be ceasing manufacturing in Shanghai, China.
Washington, DC, June 17, 2020— Privately-owned housing starts in May were at a seasonally adjusted annual rate of 974,000, 4.3% above the revised April estimate of 934,000 but 23.2% below the May 2019 rate of 1,268,000, according to the U.S. Census Bureau.
Madison, WI, June 17, 2020—Effective immediately, Jaeckle Distributors and Premier Tile Corporation will now be distributing the Tarkett Commercial product line in Missouri, Kansas, and Southern Illinois.
Washington, DC, June 17, 2020-Mortgage applications increased 8.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 12, 2020.
Washington, DC, June 17, 2020-The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber through finished sewn products, held its officer elections for fiscal year 2020.
Washington, DC, June 16, 2020—In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Washington, DC, June 16, 2020-Advance estimates of U.S. retail and food services sales for May 2020 were $485.5 billion, an increase of 17.7% but 6.1% below May 2019, according to the U.S. Census Bureau.
Washington, DC, June 16, 2020—Total industrial production increased 1.4% in May, as many factories resumed at least partial operations following suspensions related to COVID-19, according to the Federal Reserve.
Miami, FL, June 16, 2020—Lennar Corporation reported a net earnings increase of 22.8% for Q2 2020.
Huntsville, AL, June 16, 2020-ProSource Wholesale announces the opening of ProSource of Huntsville, Alabama.