Aging in Place Trend Contributing to Housing Shortage
Mclean, VA, February 12, 2019—A key factor contributing to today’s housing shortage is seniors choosing to age in place, reports Freddie Mac.
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.
Small Businesses Optimistic but Sentiment Impacted by Government Shutdown
Washington, DC, February 12, 2018-The NFIB Small Business Optimism Index slipped 3.2 points in January, as owners continued hiring and investing, but expressed rising concern about future economic growth.
Job Openings Hit 7.3 Million in December
Washington, DC, February 12, 2018—The number of job openings reached a series high of 7.3 million on the last business day of December, the U.S. Bureau of Labor Statistics reported.
Schönox HPS Forms Two New Distribution Partnerships
Florence, AL, February 12, 2019—Certified Carpet Distributors and Chemtec have joined the list of distributor partners for Schönox HPS North America.
Jeff Steed Named CFO of AHF Products
Lancaster, PA, February 12, 2019—AHF Products today announced that Jeff Steed will become chief financial officer, effective immediately.
Mortgage Delinquency Rate Fell to 4.1% in November
Irvine, CA, February 12, 2018-In November 2018, 4.1% of home mortgages were in some stage of delinquency, down from 5.2% a year earlier and the lowest for the month of November in at least 18 years, according to the latest CoreLogic Loan Performance Insights Report.
Tile of Spain Offers Wrap-Up of Cevisama
Miami, FL February 12, 2019–Cevisama, the International Fair for Ceramic Tiles and Bathroom Furnishings, held its 37th edition from January 28 to February 1 at the Feria Valencia center in Valencia, Spain.
Daltile Launching Porcelain Roofing Tile Collection
Dallas, TX, February 11, 2019-Daltile is extending its product offerings into the roofing industry with its new Perennial Porcelain Roofing Tile.
Metroflor Extends Partnership with Tri-West
Norwalk, CT, February 11, 2019-Metroflor Corporation announced that as a result of The Cronin Company’s decision to wind down its operations, Tri-West will assume the distribution of Metroflor’s flooring portfolio in the Northwest region.
Stifel Comments on Mohawk Results, Shares Expectations
St. Louis, MO, February 11, 2019—Analyst Stifel released a follow-up to Mohawk’s Q4 & fiscal year 2018 earnings release on February 8.