Floor & Decor Opens 200th Location
Atlanta, GA, May 11, 2023—Floor & Decor has opened its 200th location, with the addition of its newest store in Metairie, Louisiana.
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.
Initial Jobless Claims Rose by 22,000 in Week Ending May 6
Washington, DC, May 11, 2023-In the week ending May 6, the advance figure for seasonally adjusted initial claims was 264,000, an increase of 22,000 from the previous week's unrevised level of 242,000, according to the Department of Labor.
Sika to Hold STEP Flooring Installation Training Sessions
Lyndhurst, NJ, May 11, 2023—Sika is introducing the STEP Series flooring installation solution training curriculum. STEP stands for Sika Secure Technical Education Program.
Inflation Eased to 4.9% in April
Washington, DC, May 10, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in April on a seasonally adjusted basis, after increasing 0.1% in March, the U.S. Bureau of Labor Statistics reported.
Many Americans "Trapped" in Current Homes by Low Interest Rates
New York, NY, May 10, 2023—"Many Americans who want to move are trapped in their homes—locked in by low interest rates they can’t afford to give up,” reports the Wall Street Journal.
RFCI Spring Meeting Welcomed Over 100 Attendees
Bluffton, SC, May 10, 2023—The spring 2023 Resilient Floor Covering Institute (RFCI) board of directors and associate member meeting was held at the Montage Palmetto Bluff, May 2 to 4.
Mortgage Applications Rose 6.3% in Week Ending May 5
Washington, DC, May 10, 2023—Mortgage applications increased 6.3% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 5, 2023.
Q1 2023 Ceramic Imports Declined 4.6% in Units YOY
New York, NY, May 9, 2023-In the first three months of 2023, total U.S. imports of ceramic tile were 44.8 million square meters, according to Grosser Consulting, a 4.6% decline compared to the same period in 2022.
Construction Employment Rose by 253,000 Jobs in April
Washington, DC, May 9, 2023—The Bureau of Labor Statistics reported that hiring in the U.S. unexpectedly picked up last month, with employers adding 253,000 (seasonally adjusted) jobs, up from a revised 165,000 in March, reports the Dodge Data & Analytics.
Small Business Optimism Index Declined to 89 in April
Washington, DC, May 9, 2023—NFIB’s Small Business Optimism Index decreased by 1.1 points in April to 89.0.