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.
Seattle, WA, July 11, 2023-Rainier Partners, a private equity firm investing in lower middle-market services businesses, has announced its investment in SCI Flooring (SCI), a full-service floorcovering services provider serving property managers and owners across the Midwest.
New York, NY, July 11, 2023-In the first five months of 2023 total U.S. imports of ceramic tile were 74.6 million square meters, a decline of 6% from the same period in 2022, according to Grosser Consulting.
Hamilton, NJ, July 11, 2023—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 2.5% in June to 197.3 (2000=100) from the revised May reading of 202.4. Over the month, the commercial component of the DMI rose 3.1%, while the institutional component sunk 10.5%.
Washington, DC, July 10, 2023-New data from the American Institute of Architects (AIA) Home Design Trends Survey is revealing the latest trends in home and property design.
Washington, DC, July 11, 2023—Amid a significant shortage of housing supply in 2022, 32% of Realtors named a lack of inventory as the most important factor limiting potential clients from making a purchase, according to the National Association of Realtors' 2023 Member Profile.
Washington, DC, July 11, 2023—The NFIB Small Business Optimism Index increased 1.6 points in June to 91.0, however, it is the 18th consecutive month below the 49-year average of 98.
Mountville, PA, July 11, 2023—AHF Products has introduced a U.S.-made luxury vinyl line, Armstrong Flooring’s American Personality PRO.
Washington, DC, July 11, 2023-"If you’ve ever watched a home makeover show on HGTV, you know the key ‘before’ sequence. It’s when the camera critically pans over the house and the host points out everything that needs to be fixed. The decor? Cluttered. The paint? Cringe. The overall takeaway is that the home is an utter embarrassment and needs a total overhaul before anyone of taste would consider putting a doormat out front,” reports the Washington Post.
Atlanta, GA, July 10, 2023-Diverzify, which specializes in commercial flooring installation and interior services, has announced that Apex Group and Corporate Floors have officially joined Diverzify’s network of brands, effectively elevating the enterprise’s surface care and facility services to a national offering available at all of Diverzify’s 50+ locations.
Washington, DC, July 10, 2023-Nationwide, rents declined 1% from a year earlier in May-the largest drop since 2020- as a building boom increased supply and economic uncertainty cooled demand, reports Redfin.