Homebuyers Find the Current Market Difficult
New York, NY, December 2, 2024—"It is an odd and confusing season for homebuyers,” reports the Wall Street Journal.
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.
ISM's Purchasing Managers’ Index Rose to 48.4% in November
Tempe, AZ, December 2, 2024— The Manufacturing Purchasing Managers’ Index (PMI) registered 48.4% in November, 1.9 percentage points higher compared to the 46.5% recorded in October, according to the latest Manufacturing ISM Report On Business.
Välinge Joins RFCI
Viken, Sweden, December 2, 2024-Välinge Innovation announced its membership in the North American Resilient Floor Covering Institute (RFCI) and looks forward to contributing to the advancement of industry standards and the continued development of the sector.
Gerflor & NCAA Extend Partnership
Chicago, IL, December 2, 2024—The NCAA has officially extended its longstanding partnership with Gerflor USA’s family of brands—Connor Sports, Sport Court, and Taraflex—to continue delivering world-class playing surfaces for some of the most celebrated championships in collegiate sports.
ASCER Announces Winners of 23rd Tile of Spain Awards
Castellón, Spain, December 2, 2024—ASCER has announced the winners of the 23rd Tile of Spain Awards.
HMTX Names Trevor Stromquist to Senior Vice President Role
Norwalk, CT, December 2, 2024-HMTX Industries, a global flooring manufacturer, has appointed Trevor Stromquist to its enterprise leadership team as senior vice president of sales & marketing excellence.
Mortgage Applications Rose 6.3% in Week Ending November 22
Washington, DC, November 27, 2024-Mortgage applications increased 6.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 22, 2024.
Q3 GDP Holds Steady at 2.8% in Second Estimate
Washington, DC, November 27, 2024—Real gross domestic product (GDP) increased at an annual rate of 2.8% in Q3 2024, according to the second estimate released by the U.S. Bureau of Economic Analysis. In Q2, real GDP increased 3.0%.
Pending Home Sales Up 2% in October
Washington, DC, November 27, 2024-The Pending Home Sales Index elevated 2.0% to 77.4 in October, according to the National Association of Realtors.
Strand's Flooring & Paint to Retain Name After Sale
Marshalltown, IA, November 27, 2024- Strand’s Flooring and Paint will retain its name following its 2023 sale to Painters Supply & Equipment of Taylor, Michigan.