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, December 18, 2024— Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000, 1.8% below the revised October estimate of 1,312,000 and is 14.6% below the November 2023 rate of 1,510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced.
Washington, DC, December 18, 2024-Mortgage applications decreased 0.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 13, 2024.
Baltimore, MD, December 18, 2024—Tate Access Floors sold its Baltimore, Maryland plant and headquarters to Gaulin Properties.
Bel Air, MD, December 18, 2024--To prioritize growth in the Western United States, Spartan has appointed John Narciso as director of business development, West.
Aurora, CO, December 17, 2024-Mohawk’s biennial Edge meeting with its largest residential dealers is underway now at the Gaylord Rockies Resort & Convention Center in Aurora, Colorado, running through the evening of December 18.
Washington, DC, December 17, 2024—Builder confidence in the market for newly built single-family homes was 46 in December, the same reading as last month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Washington, DC, December 17, 2024—Advance estimates of U.S. retail and food services sales for November 2024 were $724.6 billion, an increase of 0.7% from the previous month, and up 3.8% from November 2023, according to the U.S. Census Bureau.
New York, NY, December 17, 2024—“Investors see an interest-rate cut by the Federal Reserve this week as all but certain. Inside the central bank, the case for continued reductions will be less clear-cut if the economy continues to chug along,” reports the Wall Street Journal.
Washington, DC, December 17, 2024-Industrial production (IP) moved down 0.1% in November after declining 0.4% in October, according to the Federal Reserve.
New York, NY, December 17, 2024—"CEOs of the world’s biggest companies are more optimistic about the economy than they have been in years,” reports the Wall Street Journal.