Advanced Flooring Tech. Completes First Training Session
Rockwell, TX, July 10, 2023-Advanced Flooring Technologies (AFT) has completed its first two-week session of a new 3-Phase Installer Course developed by Robert Varden for new installers.
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.
Texas Home Community to be Built with Near Zero-Carbon Cement
Round Top, TX, July 10, 2023—Eco Material Technologies and Hive 3D have announced what they claim is the first community of homes built using additive construction with near zero-carbon cement, reports Daily Commercial News.
Average U.S. Mortgage Rate Hits Highest Level Since November
New York, NY, July 7, 2023-"The average long-term U.S. mortgage rate climbed to a new high for the year this week, pushing up borrowing costs for homebuyers already facing heightened competition in a housing market short on homes,” reports the Associated Press.
LL Flooring Announces Three New Leaders
Richmond, VA, July 7, 2023—LL Flooring Holdings announced three new leadership team appointments, all effective July 10.
Nonfarm Employment Rose by 209K in June, Unemployment Virtually Flat
Washington, DC, July 7, 2023-- Total nonfarm payroll employment increased by 209,000 in June, and the unemployment rate changed little at 3.6%, the U.S. Bureau of Labor Statistics reported.
Premiere Tile Artisans Training Event Held in Milwaukee
Milwaukee, WI, July 7, 2023—On June 19 to 23, the Premiere Tile Artisans Training event was held at the Dragonfly Tile and Stone Works shop.
Ryan Comer of Renovation Systems Has Died
Minneapolis, MN, July 7, 2023-Ryan Comer, 47, CEO of Minneapolis, Minnesota-based Renovation Systems, died June 30 in a plane crash.
Private Sector Employment Grew by 497,000 Jobs in June
Roseland, NJ, July 6, 2023—Private sector employment increased by 497,000 jobs in June, and annual pay was up 6.4% year-over-year, according to the June ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
May Trade Deficit Narrowed by $5.5 Billion, Down by $102 Billion YTD
Washington, DC, July 6, 2023-The goods and services deficit was $69.0 billion in May, down $5.5 billion from $74.4 billion in April, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Mortgage Applications Declined 4.4% in Week Ending July 30
Washington, DC, July 6, 2023-Mortgage applications decreased 4.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 30, 2023.