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.
Washington, DC, July 14, 2022-The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 77, declining ten points compared to the second quarter of 2021.
Washington, DC, July 14, 2022—In the week ending July 9, the advance figure for seasonally adjusted initial claims was 244,000, an increase of 9,000 from the previous week's unrevised level of 235,000, according to the Department of Labor.
Mountville, PA, July 13, 2022—AHF Products has received bankruptcy court approval to purchase certain assets of Armstrong Flooring, strengthening AHF Products’ leadership position in resilient flooring solutions and adding another gear to its expanding commercial market business.
Washington, DC, July 13, 2022- The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3% in June on a seasonally adjusted basis after rising 1.0% in May, the U.S. Bureau of Labor Statistics reported.
Washington, DC, July 13, 2022—Mortgage applications decreased 1.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 8, 2022.
Washington, DC, July 13, 2022—The euro hit parity with the U.S. dollar on Tuesday for the first time in 20 years, meaning that the currencies have the same worth, reports CNBC.
New York, NY, July 13, 2022--Worries about an economic slowdown have stoked a rapid reversal in oil prices, which had raced higher for much of the year, reports the Wall Street Journal.
Dalton, GA, July 13, 2022—Novalis Innovative Flooring recently welcomed Eric Straumins as the director of manufacturing for its North American operations.
Dalton, GA, July 13, 2022—Shaw Industries and Emser have been named to Selling Power magazine’s 50 Best Companies to Sell For list in 2022.
London, UK, July 12, 2022—Compusoft + 2020, a global provider of end-to-end software and content solutions to the spaces for the living industry, has completed the acquisition of Resource and Financial Management Systems Inc. (RFMS), a business management software provider serving the flooring market.