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, September 6, 2023-The goods and services deficit was $65.0 billion in July, up $1.3 billion from $63.7 billion in June, revised, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.
Chicago, IL, September 6, 2023-This fall, NAFCD and NBMDA plan to host a wide range of subject-matter experts at the 2023 NAFCD + NBMDA Annual Convention.
Washington, DC, September 6, 2023—Mortgage applications decreased 2.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 1, 2023.
Washington, DC, September 6, 2023—"An extension of oil-production cuts by two of the world’s largest crude exporters Tuesday hardened Wall Street’s fears that the Chinese economy has hit a rough patch that could slow global growth,” according to the Wall Street Journal.
Washington, DC, September 5, 2023—Rising mortgage rates and elevated construction costs have taken a toll on the pace of single-family construction in markets across the nation, with the slowdown most pronounced in large metro areas.
Washington, DC, September 5, 2023—New orders for manufactured goods in July, down following four consecutive monthly increases, decreased $12.7 billion or 2.1% to $579.4 billion, the U.S. Census Bureau reported.
Dallas, TX, September 5, 2023-Artisan Design Group, a portfolio company of The Sterling Group, announced the acquisition of KB Kitchen & Bath.
Dalton, GA, September 5, 2023—The Dixie Group has announced the addition of Mike Johnson to the organization as vice president of national accounts, where he will lead the business with the buying groups and other national accounts.
Charlotte, NC, September 5, 2023—“The market for doors, windows, and hardware has been challenged by the recent housing slowdown,” reports Truist Securities.
Washington, DC, September 1, 2023—Construction spending during July 2023 was estimated at a seasonally adjusted annual rate of $1,972.6 billion, 0.7% above the revised June estimate of $1,958.9 billion, according to the U.S. Census Bureau.