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 19, 2023—In the week ending October 14, the advance figure for seasonally adjusted initial claims was 198,000, a decrease of 13,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, October 18, 2023—Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,358,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced, 7.0% above the revised August estimate of 1,269,000 but 7.2% below the September 2022 rate of 1,463,000.
Washington, DC, October 18, 2023—The AIA/Deltek Architecture Billings Index (ABI) score of 44.8 for September is the lowest score reported since December 2020 during the height of the pandemic.
Coeur d’Alene, ID, October 18, 2023-The National Floorcovering Alliance fall meeting is underway now in Coeur d’Alene, Idaho, running through October 20.
San Antonio, TX, October 18, 2023—The FEI Group meeting begins today in San Antonio, Texas, running through October 20.
Baxter, TN, October 18, 2023—Portobello America held a grand opening ceremony yesterday for its new plant in Baxter, Tennessee.
Hamilton, NJ, October 18, 2023—Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network.
Washington, DC, October 18, 2023—Mortgage applications decreased 6.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 13, 2023.
London, UK, October 16, 2023-Cyncly, a global provider of end-to-end software and content solutions to the spaces-for-living industry, has completed the acquisition of Mobile Marketing, a technology-led web services and digital marketing solution provider tailored to flooring retailers in North America.
Washington, DC, October 17, 2023-- Advance estimates of U.S. retail and food services sales for September 2023 were $704.9 billion, up 0.7% from the previous month and up 3.8% above September 2022, according to the U.S Census Bureau.