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.
New York, NY, September 18, 2024—"The U.S. housing market is sharply divided between those who own and would-be buyers who can’t afford a home. The Federal Reserve’s widely expected rate cut next week will do little to close the gap between the two,” reports the Wall Street Journal.
Washington, DC, September 17, 2024—Builder confidence in the market for newly built single-family homes was 41 in September, up two points from a reading of 39 in August, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Dalton, GA, September 17, 2024—On September 1, CARE submitted the California Carpet Stewardship Program’s 2023 Annual Report to CalRecycle, highlighting a historically high recycling rate among other achievements.
Washington, DC, September 17, 2024—Advance estimates of U.S. retail and food services sales for August 2024 were $710.8 billion, an increase of 0.1% from the previous month and up 2.1% from August 2023, according to the U.S. Census Bureau.
Washington, DC, September 17, 2024—In August, industrial production rose 0.8% after falling 0.9% in July, according to the Federal Reserve.
Hamburg, DE, September 17, 2024-The International Longshoremen’s Association (ILA), representing more than 85,000 dockworkers on the East and Gulf Coasts of the U.S., faces a contract expiration on September 30, 2024.
Orlando, FL, September 17, 2024—Specialty Tile Products has opened a new retail showroom in the Ivanhoe Design District in Orlando, Florida (1323 Brookhaven Drive).
Cumming, GA, September 17, 2024—Flack's Flooring is now open for business in Cumming, Georgia.
Seattle, WA, September 16, 2024—The monthly cost of homeownership may be more attainable than people think. But, it depends on where they live.
Seattle, WA, Setpember 16, 2024-The median U.S. asking rent rose 0.9% year over year in August to $1,645-the biggest annual increase since April 2023, according to RedFin. Rents were up 0.1% on a month-over-month basis.