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, August 10, 2023—Rising home prices and interest rates coupled with elevated construction costs, low existing inventory and solid demand resulted in a significant decline in housing affordability during Q2 2023.
Washington, DC, August 10, 2023—In the week ending August 5, the advance figure for seasonally adjusted initial claims was 248,000, an increase of 21,000 from the previous week's unrevised level of 227,000, according to the Department of Labor.
Cartersville, GA, August 10, 2023-Shaw Contract unveiled StudioOne, a customized and curated suite of design services.
Roanoke, VA, August 9, 2023—LL Flooring reported net sales of $236.4 million for Q2 2023, a decrease of 20.9% from Q2 2022’s $299 million, driven by a decrease in transaction count reflecting by lower spending by consumers and pros.
Washington, DC, August 9, 2023— For the week that ended August 4, mortgage applications fell 3.1% from the prior week, according to data from the Mortgage Bankers Association.
London, UK, August 9, 2023-Cyncly, a global provider of software and content solutions, announced the launch of its RFMS Next initiative to modernize business management in the flooring industry.
Norwalk, CT, August 8, 2023-HMTX Commercial announced that the company has expanded its range of product-specific Environmental Product Declarations (EPDs) in addition to its prior, existing EPDs to include additional products in the LVT and sheet vinyl categories.
Los Angeles, CA, August 9, 2023-Emser Tile received three 2023 Readers’ Choice Awards, from Kitchen & Bath Business (KBB) magazine, in the following categories: kitchen flooring, bath flooring and bath wall coverings.
North Kingstown, RI, August 9, 2023-Toray Plastics (America) announced that Christopher Roy has been appointed CEO and will continue as president and COO.
Washington, DC, August 8, 2023-The goods and services deficit was $65.5 billion in June, down $2.8 billion from $68.3 billion in May, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.