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, April 16, 2024-"The specter of a widening war in the Middle East has put $100-a-barrel oil back on the table,” reports the Wall Street Journal. “But Wall Street is looking elsewhere in the region for hints about how high prices could go.
Kansas City, MO, April 16, 2024—RM Interiors (RMI Flooring), a flooring installation company, has announced its expansion into Kansas City.
Bethany, CT, April 16, 2024-Laticrete and Turner Motorsport have announced a new partnership for the upcoming 2024 SRO GT World Challenge, with Laticrete serving as the primary sponsor for the #29 BMW M4 GT3 co-driven by Justin Rothberg and Robby Foley.
Washington, DC, April 15, 2024—Advance estimates of U.S. retail and food services sales for March 2024 were $709.6 billion, up 0.7% from the previous month, and up 4.0% above March 2023, according to the Department of Labor.
Washington, DC, April 15, 2024—Builder confidence in the market for newly built single-family homes was 51 in April, unchanged from March, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
New York, NY, April 15, 2024—"It has been two years since forecasters felt this good about the economic outlook,” according to the Wall Street Journal.
St. Louis, MO, April 15, 2024—Bluegrass Wood Products is the latest company to earn NWFA/NOFMA Mill Certification from the National Wood Flooring Association.
San Francisco, CA, April 15, 2024—“New office starts have also downshifted considerably in the wake of hybrid work, but total spending on office projects fell only slightly in February and was up 5.7% annually," according to Wells Fargo.
Washington, DC, April 15, 2024—The combined value of distributive trade sales and manufacturers’ shipments for February was estimated at $1,866.5 billion, up 1.6% from January 2024 and was up 1.0% from February 2023, according to the U.S. Census Bureau.
Louisville, KY, April 15, 2024—Louisville Tile Distributors, one of America’s longest-tenured distributors of ceramic tile and related products, has announced the promotion of Guy Ventimiglia to regional sales director South.