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.
New York, NY, Jan. 22, 2015 -- Global demand for flooring through 2018 is forecast to advance 4.5% annually to 19.4 billion square meters, valued at $325 billion, according to market research firm The Freedonia Group.
Washington, DC, Jan. 22, 2015 -- There were 10 out of 12 months of increasing demand for design services in 2014, according to the AIA's Architecture Billings Index.
Washington, DC, Jan. 22, 2015 -- U.S. house prices in November rose more than economists anticipated.
Avon, MA, Jan. 22, 2015 -- SelecTech said that all of its products now exceed new standards for electrostatic discharge.
Washington, DC, Jan. 22, 2015 -- Initial claims for unemployment benefits last week fell by 10,000 from the previous week, according to the Labor Department.
Beachwood, OH, Jan. 22, 2015 -- Specialty chemicals firm Omnova Solutions reported fourth quarter net income of $5.1 million, or $0.11 per share, compared to net income of $7.9 million, or $0.17 per share, a year ago.
Washington, DC, January 21, 2015--Housing starts rose 4.4% in December to an annualized pace of 1.09, according to Business Insider. This rise exceeds expectations, which were set at a 1.2% rise to an annualized pace of 1.04%.
New York, New York, January 21, 2015--The price of oil rebounded from the biggest drop in a week. This came as the U.S.--the fastest growing producer--slowed drilling as prices reached a 5.5 year low, according to Bloomsberg News.
New York, New York, January 21, 2015--Economists at the International Builders Show reveal that they expect home buying to accelerate in 2015, according to the Wall Street Journal.
Hannover, Germany, January 21, 2015--Domotex 2015, which took place January 17-20, has released numbers from its recent floorcovering trade fair. The event attracted some 40,000 visitors from 100 different countries.