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.
Washington, DC, August 2, 2023-Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, slipping 9.6% from the previous 12-month period, according to a new report from the National Association of Realtors.
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.
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.
New York, NY, August 2, 2023-Tisca Rugs, an Austrian rug manufacturer, will be exclusive distributed exclusively in the U.S. and Canadian markets by LSI Flooring.
Washington, DC, August 2, 2023—Mortgage applications decreased 3.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 28, 2023.
Calhoun, GA, August 2, 2023—Mohawk was recognized with the 2023 Promise Award from Susan G. Komen at the tenth annual Bubbles & Bling event at the Atlanta History Center.
Paris, FR, August 1, 2023-Tarkett announced sales of €1.608 billion for the first half of 2023, an increase of 2.8% year over year.
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.
Washington, DC, August 1, 2023—The number of job openings was little changed at 9.6 million on the last business day of June, the U.S. Bureau of Labor Statistics reported.
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.