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, October 2, 2024—Mortgage applications decreased 1.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending September 27, 2024.
Richmond, VA, October 2, 2024—As of October 1, LL Flooring Holdings, Inc. completed the previously announced going-concern sale of the business to F9 Investments for the acquisition of 219 stores, inventory in those stores, LL Flooring’s intellectual property and other company assets.
Washington, DC, October 1, 2024—Construction spending during August 2024 was estimated at a seasonally adjusted annual rate of $2,131.9 billion, 0.1% below the revised July estimate of $2,133.9 billion, according to the U.S. Census Bureau.
New York, NY, October 1, 2024-"Federal Reserve chair Jerome Powell said officials would continue to reduce interest rates from a two-decade high to maintain solid economic growth, but they didn’t currently see a reason to lower rates as aggressively as they did at their most recent meeting,” reports the Wall Street Journal.
New York, NY, October 1, 2024-"Dockworkers from Maine to Texas have begun a strike, affecting 36 major ports,” reports the Associated Press. “This labor action is the first of its kind since 1977.
Tempe, AZ, October 1, 2024—The Manufacturing Purchasing Managers’ Index (PMI) registered 47.2% in September, matching the figure recorded in August, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Washington, DC, October 1, 2024—The number of job openings was little changed at 8.0 million on the last business day of August, the U.S. Bureau of Labor Statistics reported.
Strongsville, OH, October 1, 2024-The Tile Contractors’ Association of America (TCAA) has announced Lucinda Noel as the 2024 Carl V. Cesery Award Winner.
Sacramento, CA, September 30, 2024-California bill AB 863 was signed into law by Governor Gavin Newsom.
Greenwood Village, CO, September 30, 2024—Footprints Floors, a flooring franchise, has announced a partnership with Loba Home, a German-based floorcare product company.