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.

Dallas, Texas Led Hotel Construction Pipeline in Q2 2023

Dallas, Texas Led Hotel Construction Pipeline in Q2 2023

Portsmouth, NH, August 2, 2023—In Q2 2023, the five markets with the largest hotel construction pipelines are Dallas, Texas with a record-high 184 projects/21,501 rooms; Atlanta, Georgia with 141 projects/17,993 rooms; Phoenix, Arizona with 119 projects/16,107 rooms; Nashville, Tennessee with 116 projects/15,346 rooms; and Los Angeles, California with 112 projects/17,797 rooms, according to Lodging Econometrics.

Private Sector Employment Rose by 324,000 in July

Private Sector Employment Rose by 324,000 in July

Roseland, NJ, August 2, 2023—Private sector employment increased by 324,000 jobs in July, and annual pay was up 6.2% year-over-year, according to the July ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.

Construction Spending Rose 3.5% YOY in June

Construction Spending Rose 3.5% YOY in June

Washington, DC, August 1, 2023-Construction spending during June 2023 was estimated at a seasonally adjusted annual rate of $1,938.4 billion, 0.5% above the revised May estimate of $1,929.6 billion, according to the U.S. Census Bureau.

Purchasing Managers' Index Up Slightly in July

Purchasing Managers' Index Up Slightly in July

Tempe, AZ, August 1, 2023— The July Manufacturing Purchasing Managers’ Index (PMI) registered 46.4%, 0.4 percentage point higher than the 46% recorded in June, according to the Manufacturing ISM Report On Business.