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.

Housing Affordability Fell to 10-Year Low in Q3

Housing Affordability Fell to 10-Year Low in Q3

Washington, DC, November 9, 2018—A modest increase in interest rates and home prices kept housing affordability at a ten-year low in the third quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released.

Consumer Sentiment Holds Steady in Early November

Consumer Sentiment Holds Steady in Early November

Ann Arbor, MI, November 9, 2018-Consumer sentiment fell to 98.3 in early November, down 0.3% from October’s 98.6 rate, according to preliminary results from the University of Michigan Survey of Consumers.

Producer Prices Rose 0.6% in October

Producer Prices Rose 0.6% in October

Washington, DC, November 9, 2018—The Producer Price Index for final demand rose 0.6% in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

U.S. Hotel Construction Pipeline Grew 7% YOY in Q3

U.S. Hotel Construction Pipeline Grew 7% YOY in Q3

Portsmouth, NH, November 9, 2018—In the third quarter of 2018, the total U.S. construction pipeline stands at 5,376 projects/650,576 rooms, up 7% from 2017’s 5,011 projects/608,837 rooms, the analysts at Lodging Econometrics (LE) report.

Altro Joins Fuse

Altro Joins Fuse

Laguna Niguel, CA, November 9, 2018—Fuse Alliance has announced that Altro has joined the network as a preferred supplier.

Miura Board Launches U.S. Production

Miura Board Launches U.S. Production

Kountze, TX, November 9, 2018—Athyron has announced the launch of Miura Board: a 100% recycled alternative to wood and plastic, containing 50% carpet backing from recycling operations.

Mitch Dolloff Named COO of Leggett & Platt

Mitch Dolloff Named COO of Leggett & Platt

Carthage, MO, November 8, 2018—Leggett & Platt announced that Mitch Dolloff will assume the role of chief operating officer, effective January 1, 2019, a role last held by Karl Glassman prior to his becoming CEO in January 2016.