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 by a Half Point

Fed Cuts Interest Rates by a Half Point

Washington, DC, September 18, 2024-"The Federal Reserve voted to lower interest rates by a half percentage point, opting for a bolder start in making its first reduction since 2020. The long-anticipated pivot followed an all-out fight against inflation the central bank launched two years ago,” reports the Wall Street Journal.

Existing-Home Sales Declined 2.5% in August

Existing-Home Sales Declined 2.5% in August

Washington, DC, September 19, 2024—Total existing-home sales descended 2.5% from July to a seasonally adjusted annual rate of 3.86 million in August, according to the National Association of Realtors.

Titebond Forms Partnership with Elias Wilf

Titebond Forms Partnership with Elias Wilf

Columbus, OH, September 19, 2024—Franklin International, the company behind the Titebond brand of adhesives and sealants, has entered a partnership with Elias Wilf, a flooring distributor in a nine-state region in the mid-Atlantic region stretching from New York to North Carolina.