Nemo Names Silano President of Tile and Stone Division
New York, NY, March 18, 2025-Nemo Tile + Stone has named Ron Silano as president of the Nemo Tile and Stone Division.
Today's Flooring News
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Blakley Corp. Appoints Tishler to Run Residential Flooring Group
Indianapolis, IN, March 18, 2025-The Blakley Corporation, a diversified construction services company in Indianapolis, Indiana, has hired Harry Tishler to head its residential flooring group which includes retail, multi-family housing and builder sales.
Builder Confidence Declined 3 Points to 39 in March
Washington, DC, March 17, 2025—Builder confidence in the market for newly built single-family homes was 39 in March, down three points from February and the lowest level in seven months, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
January Retail Sales Up 0.2% from December, 3.1% YOY
Washington, DC, March 17, 2025-Advance estimates of U.S. retail and food services sales for February 2025 were $722.7 billion, up 0.2% from the previous month and up 3.1% from February 2024, according to the U.S. Census Bureau.
Homeownership Among Black Americans Rises, Still Trails White Americans
Washington, DC, March 17, 2025—The U.S. Black homeownership rate experienced the greatest year-over-year increase in 2023 among racial groups, yet it still falls significantly behind the White homeownership rate, according to the National Association of Realtors 2025 Snapshot of Race and Home Buying in America.
U.S. Home Shortage Estimated at Four Million
Austin, TX, March 17, 2025-More than a decade of underbuilding has left the U.S. with a shortage of nearly four million homes, according to a new analysis from Realtor.com.
Container Rates from China Halved Following Tariff Implementation
Charlotte, NC, March 17, 2025—Container rates from China to U.S. have been cut in half following the implementation of tariffs, reports Truist.
Starnet Members Rank Top Distribution Partners
Columbus, OH, March 17, 2025—Every year, Starnet's Preferred Vendor Survey uncovers the secrets behind member satisfaction with its vendor partners, and once again, Starnet members are pleased with their interactions with distributors.
Distrib. Trade Sales & Manufacturer Shipments Up 3.5% YOY in Jan.
Washington, DC, March 17, 2025—The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,896.5 billion, down 0.8% from December 2024 but up 3.5% from January 2024, according to the Deparment of Labor.
Vinyl Flooring Imports Up 12.2% YOY in January
Charlotte, NC, March 14, 2025-Vinyl flooring imports were up 12.2% YOY in units in January, following a modestly positive result in December and very mixed results that saw an 8.6% decline in 2023 and a 3.0% increase in 2024, reports Truist.