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.

Construction Spending Declined 0.2% in January

Construction Spending Declined 0.2% in January

Washington, DC, March 1, 2024—Construction spending during January 2024 was estimated at a seasonally adjusted annual rate of $2,102.4 billion, 0.2% below the revised December estimate of $2,105.8 billion, according to the U.S. Census Bureau.

BASF Declares Force Majeure on Polyamide

BASF Declares Force Majeure on Polyamide

Freeport, TX, March 1, 2024—Due to unprecedented complications impacting operations in its polyamide production, BASF is not able to supply required volumes of materials necessary to meet market demand.

ISM Purchasing Managers' Index at 47.8% in January

ISM Purchasing Managers' Index at 47.8% in January

Tempe, AZ, March 1, 2024-- The Manufacturing Purchasing Managers’ Index (PMI) registered 47.8% in February, down 1.3 percentage points from the 49.1% recorded in January, in the latest Manufacturing ISM Report on Business.

Leggett & Platt Announces Leadership Changes

Leggett & Platt Announces Leadership Changes

Carthage, MO, March 1, 2024—Diversified manufacturer Leggett & Platt announced that Steve Henderson, executive vice president and president of the specialized products and furniture, flooring & textile products segments, will retire April 1.

Home Sizes Declining as Buyers Seek Less Square Footage

Home Sizes Declining as Buyers Seek Less Square Footage

Washington, DC, February 29, 2025—Following a brief uptick in new home sizes in 2021, the average size of a new home continues to inch smaller—dropping from 2,479 square feet in 2022 to 2,411 square feet in 2023, the smallest average size in 13 years—to match homebuyer preferences for less square footage.

Kristine Gaines Named CFO of Louisville Tile

Kristine Gaines Named CFO of Louisville Tile

Louisville, KY, February 29, 2024-Louisville Tile announced the promotion of Kristine Gaines as its new chief financial officer (CFO). Gaines offers a wealth of financial expertise and a proven track record within the company.