Pending Homes Sales Steady at 78.9 in April
Washington, DC, May 25, 2023-The Pending Home Sales Index (PHSI) remained at 78.9 in April, posting no change from the previous month, according to the National Association of Realtors.
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.
Cosentino Announces $270M Manufacturing Facility in Florida
Coral Gables, FL, May 25, 2023- Spain-based Cosentino Group, a family-owned producer and distributor of flooring, countertop and other surfaces, has announced plans to expand its manufacturing to North America, which would mark Cosentino’s first manufacturing facility beyond its Industrial Park in Almería, Spain and natural stone factory in Vitoria, Brazil.
Q1 GDP Revised Up to 1.3% in Second Estimate
Washington, DC, May 25, 2023—Real gross domestic product (GDP) increased at an annual rate of 1.3% in Q1 2023, according to the second estimate released by the Bureau of Economic Analysis.
HMTX's Stone Awarded Eugene M. Lang Lifetime Achievement Award
Norwalk, CT, May 25, 2023—On May 22, HMTX Industries CEO Harlan Stone was awarded the Eugene M. Lang Lifetime Achievement Award from the I Have a Dream Foundation at Guastavino’s in New York City.
Metroflor Publishes Three New EPDs
Norwalk, CT, May 25, 2023—Metroflor Corporation announced that it has made available three new product-specific Environmental Product Declarations (EPDs) for five of its commercial product lines: Metroflor LVT Déjà New Dryback, Metroflor LVT Over the Top Loose Lay, Déjà New with Attraxion Magnetic Technology, Metroforms with Magnetic Attraxion Technology, and Genesis 20 mil WPC collections.
40th Edition of Cersaie Expected to be Fully Booked
Bologna, IT, May 25, 2023—Cersaie 2023, the ceramic tile and bathroom furnishing exhibition, will be held in Bologna, Italy from September 25 to 29; this will be the 40th anniversary of the event.
Mohawk Named to USA Today's America’s Climate Leaders List
Calhoun, GA, May 25, 2023-Mohawk Industries has earned a place among America’s Climate Leaders presented by USA Today.
Initial Jobless Claims Rose by 4,000 in Week Ending May 20
Washington, DC, May 25, 2023—In the week ending May 20, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 4,000 from the previous week's revised level, according to the Department of Labor.
Architecture Billings Index Softened to 48.5 in March
Washington, DC, May 24, 2023—The Architecture Billings Index score for March decreased from 50.4 in March to 48.5 in April (any score below 50 indicates a decrease in firm billings), according to a report released today from The American Institute of Architects (AIA).
Southwind to Operate Independently, Hash Named CEO
Dalton, GA, May 24, 2023-F9 Brands, which owns and manages a portfolio of companies in the building products, home improvement and luxury home décor industries, including Southwind Building Products, announced that, effective immediately, Southwind would operate independently of the other F9 portfolio companies.