Beaulieu Canada Dropping Peerless Name in U.S. Market
Acton Vale, Quebec, August 19, 2024-Beaulieu Canada, a Canadian manufacturer of carpets and hard surface distributor, announces its strategic expansion into the United States.
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.
Fall High Point to Include Panel on Luxury Home Design
High Point, NC, August 19, 2024—High Point Market Authority (HPMA) announces the Design Leadership Network (DLN) will present a keynote discussion at Fall Market in the High Point Theatre on October 26 at 3:00 p.m.
Housing Starts Declined 6.8% in July to Four-Year Low
Washington, DC, August 16, 2024-Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,238,000, according to the U.S. Census Bureau, 6.8% below the revised June estimate of 1,329,000 and 16.0% below the July 2023 rate of 1,473,000.
Consumer Sentiment Inched Up 2.1% in Early August
Ann Arbor, MI, August 16, 2024—Consumer sentiment rose 2.1% to 67.8 in early August, according to preliminary results from the University of Michigan Survey of Consumers.
Sy Cohen Named Additional Honoree for FCIF Gala in Gotham
Dalton, GA, August 16, 2024—Sy Cohen, chairman and founder of Stanton Carpet, has been added as an honoree at the Floor Covering Industry Foundation (FCIF)’s October 5th Gala in Gotham at Gotham Hall in New York City.
NAFCD to Offer University of Innovative Distribution In-a-Day on Oct. 22
Chicago, IL, August 16, 2024 - NAFCD will host its UID (University of Innovative Distribution) In-a-Day on October 22.
Owner of Pennsylvania's Aey Plus Flooring Jailed
Grove City, PA, August 16, 2024— Ashley Roth, owner of a Grove City, Pennsylvania’s Aey Plus Flooring, is in the Mercer County Jail, accused of taking money from several customers and failing to perform the work she was hired for, reports WFMJ.
Retail Sales Rose 1% in July
Washington, DC, August 15, 2024—Advance estimates of U.S. retail and food services sales for July 2024 were $709.7 billion, an increase of 1.0% from the previous month and up 2.7% from July 2023, according to the U.S. Census Bureau.
Builder Confidence Declines to 39 in August
Washington, DC, August 15, 2024-Builder confidence in the market for newly built single-family homes was 39 in August, down two points from a downwardly revised reading of 41 in July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Import Prices Inched Up in July, Export Prices Rose 0.7%
Washington, DC, August 15, 2024—Prices for U.S. imports ticked up 0.1% in July, after being unchanged the previous month, the U.S. Bureau of Labor Statistics reported.