Weakness in Western Rental Markets Drags Down Nationwide Results
Charlotte, NC, June 20, 2023—Truist reports that struggling rental markets in the West drag on nationwide results with rising supply pushing asking rents lower,
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.
Flooring Liquidators Opens New Store in Arroyo Grande
Las Vegas, June 20, 2023—Live Ventures Incorporated announced that its subsidiary, Flooring Liquidators, through the acquisition of assets from Cal Coast Carpet Warehouse, has opened a new store in Arroyo Grande, California.
Alliance Flooring Donates $15,000 to Joni & Friends
Chattanooga, TN, June 20, 2023—Alliance Flooring and its family of members recently donated over $15,000 to Joni and Friends, a charity dedicated to caring for kids and adults with disabilities, through a fundraiser at their Austin convention in March.
Builder Confidence Positive in June at 55
Washington, DC, June 19, 2023—Builder confidence in the market for newly built single-family homes in June rose five points to 55, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Onit Worldwide Partners with 4ocean
New Smyrna Beach, FL, Jun 19, 2023-On June 6, Onit Worldwide (ONIT) announced a new partnership with 4ocean, the ocean cleanup company dedicated to ending the ocean plastic crisis.
Construction Employment Rose in 42 States in May YOY
Washington, DC, June 19, 2023—Seasonally adjusted construction employment rose from May 2022 to May 2023 in 42 states and the District of Columbia, declined in seven states, and held steady in Vermont, according to Associated General Contractor’s analysis of data the Bureau of Labor Statistics posted.
Consumer Sentiment Rose 7.9% in Early June
Ann Arbor, MI, June 16, 2023—Consumer sentiment rose 7.9% to 63.9 in early June, according to early results from the University of Michigan’s Survey of Consumers.
Xpress Global Acquires Delta Distribution
New York, NY, June 16, 2023-Aterian Investment Partners, a private investment firm, through its portfolio company Xpress Global Systems (XGS) has announced the upcoming merger of Delta Distribution, starting June 26.
AIA Elects Three New Board of Directors Members
Washington, DC, June 16, 2023-Three new leaders have been elected to the American Institute of Architects’ (AIA) board of directors.
Retail Sales Rose 0.3% in May
Washington, DC, June 15, 2023—Advance estimates of U.S. retail and food services sales for May 2023 were $686.6 billion, up 0.3% from the previous month, and up 1.6% above May 2022, according to the U.S. Census Bureau.