Most Potential Homebuyers Don't Shop Around for Mortgages
Seattle, WA, December 12, 2025—Home shoppers spend months searching for the right home, but most gather quotes from only one mortgage lender.
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.
Fed Cuts Interest Rates a Quarter Point with Mixed Vote
New York, NY, December 10, 2025-"Federal Reserve officials cut interest rates at their third consecutive meeting, but signaled a move to the sidelines amid unusual internal divisions over whether inflation or the job market should be their bigger worry,” reports the Wall Street Journal.
Trade Deficit Narrowed by $6.4 Billion in September
Washington, DC, December 11, 2025—The goods and services deficit was $52.8 billion in September, down $6.4 billion from $59.3 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Shaw Names Bailey Walton & Terri Harrington to VP Positions
Dalton, GA, December 10, 2025—Shaw Industries has announced two key leadership appointments within its residential division: Bailey Walton as vice president of Anderson Tuftex and Terri Harrington as vice president of Shaw Floors.
Initial Jobless Claims Rose by 44,000 in Week Ending December 6
Washington, DC, December 11, 2025—In the week ending December 6, the advance figure for seasonally adjusted initial claims was 236,000, an increase of 44,000 from the previous week's revised level, according to the Department of Labor.
Bjelin Enters into Partnership with Urban Surfaces
Viken, Sweden, December 11, 2025—Bjelin has entered into a strategic partnership with Urban Surfaces, a California-based flooring company with a foothold in the builder and multifamily segments.
Michael Goldberg, Chairman of RiteRug Flooring, Has Died
Columbus, OH, December 10, 2025-Michael Goldberg, 78, chairman of RiteRug Flooring, died December 10.
Mortgage Applications Rose 4.8% in Week Ending December 5
Washington, DC, December 10, 2025—Mortgage applications increased 4.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 5, 2025.
Construction Industry Job Openings Declined by 18,000 in October
Washington, DC, December 10, 2025—The construction industry had 213,000 job openings on the last day of October, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
CCA Recognized with 2026 Training MVP Awards
Manchester, NH, December 10, 2025—CCA University has been recognized, for the sixth consecutive year, as a global winner of the 2026 Training MVP Awards.