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.

Initial Jobless Claims Flat in Week Ending June 17

Initial Jobless Claims Flat in Week Ending June 17

Washington, DC, June 22, 2023—In the week ending June 17, the advance figure for seasonally adjusted initial claims was 264,000, unchanged from the previous week's revised level, according to the Department of Labor.

Diamond W Forms Partnership with Ardex Americas

Diamond W Forms Partnership with Ardex Americas

City of Industry, CA, June 22, 2023—Diamond W, a distributor of commercial and residential flooring solutions, has announced a new partnership with Ardex Americas, a manufacturer of specialty building materials.

Architecture Billings Index Score Rose to 51 in May

Architecture Billings Index Score Rose to 51 in May

Washington, DC, June 21, 2023—The architecture billings index score increased from 48.5 in April to 51.0 in May (any score above 50 indicates an increase in firm billings), according to the latest Architecture Billings Index (ABI) from the American Institute of Architects (AIA) and Deltek, the highest score since September 2022

Interest Rates & High Rents Stymie Upward Relocation for Americans

Interest Rates & High Rents Stymie Upward Relocation for Americans

Cambridge, MA, June 21, 2023-The sharp interest rate hikes over the past year continue to impact housing markets and affordability for both homeowners and renters across the U.S., according to The State of the Nation’s Housing 2023, a new report released by the Harvard Joint Center for Housing Studies.

Mortgage Applications Rose 0.5% in Week Ending June 16

Mortgage Applications Rose 0.5% in Week Ending June 16

Washington, DC, June 21, 2023—Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 16, 2023.

Modulex Creates Architectural Signage From Carpet Waste

Modulex Creates Architectural Signage From Carpet Waste

Billund, Denmark, June 21, 2023—Modulex Group, a maker of signage and visual communication solutions, has announced that after a successful pilot project, the launch of ReBond, re-purposed carpet waste to create a new architectural signage material.

May Housing Starts Rose 21.7% from April, Up 5.7% YOY

May Housing Starts Rose 21.7% from April, Up 5.7% YOY

Washington, DC, June 20, 2023- Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,631,000, 21.7% above the revised April estimate of 1,340,000 and is 5.7% above the May 2022 rate of 1,543,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced.