Meridian Adhesives Names Mike Humby Chief Commercial Officer
Charlotte, NC, August 13, 2024-Meridian Adhesives Group, owner of Taylor, announced the appointment of Mike Humby as chief commercial officer (CCO).
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.
LL Flooring Files for Chapter 11, Sullivan Resigns from Board
Richmond, VA, August 12, 2024-"LL Flooring, formerly known as Lumber Liquidators, filed for Chapter 11 bankruptcy late Sunday night,” reports Yahoo Business.
Lot Supply Tightened by 9.5% in Q2
Washington, DC, August 12, 2024—The New Home LSI, backed by data from Zonda, showed lot supply tightened year-over-year across the United States, as well as quarter-over-quarter.
Multifamily Property Managers Offer Concessions as Market Cools
Seattle, WA, August 12, 2024—More property managers offered concessions on their rentals in July as rent growth slowed, new data from Zillow reveals.
Tile Shop Sales Down 7.3% in Q2, Income Down Significantly
Minneapolis, MN, August 9, 2024—The Tile Shop reported net sales of $91.4 million for Q2 2024, a 7.3% decline from Q2 2023’s $98.6 million. Comparable store sales declined 6.9%.
Mortgage Rates Fall to Lowest Level in 15 Months
New York, NY, August 9, 2024—Mortgage rates fell to the lowest level in more than a year, raising hopes for relief in the battered U.S. housing market, according to the Wall Street Journal.
Total U.S. Ceramic Imports Declined 4.3% in First Half of 2024
New York, NY, August 9, 2024-In the first six months of 2024, total U.S. imports of ceramic tile were 88.4 million square meters, a decline of 4.3% from the same period in 2023 when imports were 92.4 million square meters.
Builder Confidence in Multifamily Market Declined in Q2
Washington, DC, August 9, 2024—Confidence in the market for new multifamily housing declined year-over-year in the second quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).
Dodge Momentum Index Up 7.9% in July
Bedford, MA, July 9, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 7.9% in July to 216.3 (2000=100) from the revised June reading of 200.5.
TCNA Awarded $2.2M Grant to Reduce Carbon Emissions
Clemson, SC, August 9, 2025—Tile Council of North America (TCNA) has been selected by the U.S. Environmental Protection Agency (EPA) to receive $2.2M in grant funding to reduce embodied carbon emissions in construction materials and products.