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.
Cambridge, MA, October 19, 2023—Annual spending for improvements and repairs to owner-occupied homes is expected to decrease at a moderate rate over the coming 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.
Louisville, KY, October 19, 2023—Louisville Tile Distributors, a distributor of ceramic tile and related products, has announced that Walter “Dub” Newell has been appointed to the position of CEO.
Washington, DC, October 19, 2023—In the week ending October 14, the advance figure for seasonally adjusted initial claims was 198,000, a decrease of 13,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, October 18, 2023—Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,358,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced, 7.0% above the revised August estimate of 1,269,000 but 7.2% below the September 2022 rate of 1,463,000.
Washington, DC, October 18, 2023—The AIA/Deltek Architecture Billings Index (ABI) score of 44.8 for September is the lowest score reported since December 2020 during the height of the pandemic.
Coeur d’Alene, ID, October 18, 2023-The National Floorcovering Alliance fall meeting is underway now in Coeur d’Alene, Idaho, running through October 20.
San Antonio, TX, October 18, 2023—The FEI Group meeting begins today in San Antonio, Texas, running through October 20.
Baxter, TN, October 18, 2023—Portobello America held a grand opening ceremony yesterday for its new plant in Baxter, Tennessee.
Hamilton, NJ, October 18, 2023—Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network.
Washington, DC, October 18, 2023—Mortgage applications decreased 6.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 13, 2023.