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.

Renovation Spending Expected to Rise 1.5% in '20, Says Harvard Study

Renovation Spending Expected to Rise 1.5% in '20, Says Harvard Study

Cambridge, MA, January 16, 2020-National spending for improvements and repairs on owner-occupied homes is expected to rise only modestly this year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Imported Prices Up 0.3% in December

Imported Prices Up 0.3% in December

Washington, DC, January 16, 2020—Prices for U.S. imports advanced 0.3% in December, the U.S. Bureau of Labor Statistics reported, after ticking up 0.1% the previous month.

Distrib. Trade Sales & Manu. Shipments Up 0.7% in November

Distrib. Trade Sales & Manu. Shipments Up 0.7% in November

Washington, DC, January 16, 2020—The combined value of distributive trade sales and manufacturers’ shipments for November was estimated at $1,465.7 billion, up 0.7% from October 2019 and was up 1.0% from November 2018, according the U.S. Census Bureau.

Mortgage Applications Jump 30.2% in Early January

Mortgage Applications Jump 30.2% in Early January

Washington, DC, January 15, 2020—Mortgage applications increased 30.2% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 10, 2020.

Producer Prices Inched Up in December

Producer Prices Inched Up in December

Washington, DC, January 15, 2020—The Producer Price Index for final demand edged up 0.1% in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

Metroflor to Host Fundraiser Concert in Cartersville, Georgia

Metroflor to Host Fundraiser Concert in Cartersville, Georgia

Calhoun, GA, January 15, 2020—Halstead/Metroflor’s Addiction Crisis charity (HMAC) will host a night of musical entertainment in Cartersville, Georgia to raise funds to combat the addiction epidemic affecting addicts and their families nationwide.

BIFMA Seeking New Executive Director

BIFMA Seeking New Executive Director

Grand Rapids, MI, January 15, 2020—BIFMA, the voice of the commercial furniture industry, has announced that in anticipation of its long-serving executive director Thomas Reardon’s early 2020 retirement plan, it is initiating a search to identify a new leader.

Broadlume Acquires Creating Your Space

Broadlume Acquires Creating Your Space

San Rafael, CA, January 14, 2020--Broadlume, a newly formed company with the mission to build integrated solutions that transform the way flooring is bought and sold around the world, has acquired Creating Your Space.