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, March 25, 2024-Sales of new single-family houses in February 2024 were at a seasonally adjusted annual rate of 662,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 0.3% below the revised January rate of 664,000 but is 5.9% above the February 2023 estimate of 625,000.
Mt. Pleasant, TN, March 25, 2024—Landmark Ceramics cut the ribbon on a $70 million plant expansion March 22.
Toledo, OH, March 25, 2024—Taski announces the launch of U.S. manufacturing for its Swiss-designed floor care machines.
Rochester, NY, March 22, 2024-Michael Halebian & Co., (MHCO) announces the opening of a full-service branch location in Rochester, New York.
New York, NY, March 22, 2024-"Interest rates are likely to come down later this year, with the Federal Reserve on track to start cutting rates. But mortgage rates might not follow as quickly,” according to the Wall Street Journal.
St. Louis, MI, March 22, 2024—Forty individuals completed the National Wood Flooring Association's (NWFA) Certified Professionals program between September 1 and December 31, 2023.
Sterling, VA, March 22, 2024—The Decorative Hardwood Association’s 2024 spring conference and 103rd annual meeting will be held May 14 to 16 in Scottsdale, Arizona.
Washington, DC, March 21, 2024—Total existing-home sales bounced 9.5% from January to a seasonally adjusted annual rate of 4.38 million in February, according to the National Association of Realtors.
Bedford, MA, March 21, 2024—Total construction starts fell 8% in February to a seasonally adjusted annual rate of $1.07 trillion, according to Dodge Construction Network.
New York, NY, March 21, 2024—"The Federal Reserve is still aiming to lower interest rates later this year, and for many U.S. households and small businesses those rate cuts can’t come soon enough,” reports the Wall Street Journal. “But for big companies able to tap the corporate bond market, and for investors riding a rising stock market, relief from the Fed doesn’t seem all that necessary.