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.

Labor Productivity Rose 3.2% in Q4

Labor Productivity Rose 3.2% in Q4

Washington, DC, March 7, 2024—Nonfarm business sector labor productivity increased 3.2% in Q4 2023, the U.S. Bureau of Labor Statistics reported, as output increased 3.5% and hours worked increased 0.3%.

Tom Cartmell Joins UNITE Board

Tom Cartmell Joins UNITE Board

Rockwall, TX, March 6, 2024-Robert Varden, president and CEO of UNITE Floor Training Alliance, announced that Tom Cartmell, executive vice president of Consolidated Flooring, Indianapolis, has joined the board of directors for UNITE Floor Training Alliance.

Initial Jobless Claims Flat in Week Ending March 2

Initial Jobless Claims Flat in Week Ending March 2

Washington, DC, March 7, 2024—In the week ending March 2, the advance figure for seasonally adjusted initial claims was 217,000, unchanged from the previous week's revised level, according to the Department of Labor.

Private Sector Employment Rose by 140,000 in February

Private Sector Employment Rose by 140,000 in February

Roseland, NJ, March 6, 2024—Private sector employment increased by 140,000 jobs in February, and annual pay was up 5.1% year-over-year, according to the February ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.

Single-Family Production Showing Signs of Life, Says NAHB

Single-Family Production Showing Signs of Life, Says NAHB

Washington, DC, March 6, 2024-Led by larger urban metro markets, single-family growth rates are showing signs of a turnaround as moderating mortgage rates and a lack of existing inventory are contributing to a gradual upward trend, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for Q4 2023.

Job Openings Steady at 8.9M in January

Job Openings Steady at 8.9M in January

Washington, DC, March 6, 2024—The number of job openings changed little at 8.9 million on the last business day of January, the U.S. Bureau of Labor Statistics reported.

Mortgage Applications Rose 9.7% in Week Ending March 1

Mortgage Applications Rose 9.7% in Week Ending March 1

Washington, DC, March 6, 2024—Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 1, 2024.

Fuse Announces 2024 Award Winners

Fuse Announces 2024 Award Winners

Phoenix, AZ, March 5, 2024-Fuse Commercial Flooring Alliance celebrated a night of recognition and achievement during its annual conference in Phoenix, which boasted a record-breaking attendance of 460, a 30% increase from the 2023 conference.