Q2 Renovation Lull Has Continued into Q3
Charlotte, NC, September 28, 2023—Truist reported that renovation spending weakened in Q2 2023 as expected, and, so far, there has been no sign of a pickup.
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.
Interface Named to Time100 Most Influential Companies for 2023 List
Atlanta, GA, September 28, 2023—Interface was included on the Time100 Most Influential Companies for 2023 list, which highlights 100 companies making an impact around the world. Interface is the only flooring manufacturer recognized in the Time100.
NTCA to Host 30 Workshops During October
Flowood, MS, September 28, 2023—The National Tile Council of America (NTCA) will hold 30 three-hour workshops to 15 states, four full-day regional training events, and two two-day Art Glass Panel trainings during October.
Q2 GDP Steady at 2.1% inThird Estimate
Washington, DC, September 28, 2023-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q2 2023, according to the third estimate released by the Bureau of Economic Analysis. In Q1, real GDP increased 2.2%.
Initial Jobless Claims Rose by 2,000 in Week Ending September 23
Washington, DC, September 28, 2023—In the week ending September 23, the advance figure for seasonally adjusted initial claims was 204,000, an increase of 2,000 from the previous week's revised level, according to the Department of Labor.
Stanley Licker of Fraser/Gold Carpet Has Died
New York, NY, September 28, 2023-Stanley Licker, 85, died September 21.
Wego International Floors to Cease Operations
Great Neck, NY, September 27, 2023-Wego International Floors is ceasing operations, enabling its parent company to focus on its core chemical business.
Mortgage Applications Declined 1.3% in Week Ending Sept. 22
Washington, DC, September 27, 2023—Mortgage applications decreased 1.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 22, 2023.
Orders for Durable Goods Rose 0.2% in August
Washington, DC, September 27, 2023-New orders for manufactured durable goods in August, up five of the last six months, increased $0.5 billion or 0.2% to $284.7 billion, the U.S. Census Bureau announced.
Green Seal Now Prohibits All PFAS in Certified Products
Washington, DC, September 27, 2023—Green Seal announced that it will prohibit any per- and polyfluoroalkyl substances (PFAS) in Green Seal-certified paints and coatings, floorcare products, adhesives, and degreasers, further strengthening Green Seal's leadership to address these harmful "forever chemicals."