Spanish Tile Exports Rose 16.2% in 2022
New York, NY, March 24, 2023—The Spanish tile industry surpassed expectations with overall sales increasing by 16.2% since last year to $5.95 billion, reports Tile of Spain (ASCER).
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.
CFI Introduces Advanced Commercial Carpet Certification Program
Dalton, GA, March 24, 2023—Last week, Certified Flooring Installers (CFI) introduced the first industry-wide Advanced Commercial Carpet Certification program, CIII, during preview sessions with carpet, adhesive, and tool manufacturers in Dalton, Georgia.
Truist Believes Single-Family Starts Near Bottom
Charlotte, NC, March 24, 2023—Truist Securities released the following housing market analysis.
Orders for Durable Goods Declined 10% in February
Washington, DC, March 24, 2023—New orders for manufactured durable goods in February, down three of the last four months, decreased $2.6 billion or 1.0% to $268.4 billion, the U.S. Census Bureau announced. This followed a 5.0% January decrease.
Northann Receives European Patent for DSE Embossing Tech
New York, NY, March 24, 2023—Northann Corp has secured a new European patent for its DSE Embossing Technology, which covers a combined positive and negative embossing method in 3D printing applications for the manufacturing of decorative panels.
Cersaie Celebrating 40 Years
Bologna, IT, March 24, 2023—Cersaie 2023, to be held in Bologna from 25 to 29 September, is celebrating its 40thanniversary this year.
Fed Raises Interest Rate but Hints This Could be Last Increase for Now
New York, NY, March 23, 2023-The Federal Reserve approved another quarter-percentage-point interest-rate increase but signaled that banking-system turmoil might end its rate-rise campaign sooner than seemed likely two weeks ago, reports the Wall Street Journal.
New Home Sales Rose 1.1% in February
Washington, DC, March 23, 2023—Sales of new single-family houses in February 2023 were at a seasonally adjusted annual rate of 640,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 1.1% above the revised January rate of 633,000 but 19.0% below the February 2022 estimate of 790,000.
Aging U.S. Housing Stock Requires Remodel Investment
Ambridge, MA, March 23, 2023—The pandemic focused attention on our homes as never before, lifting the U.S. remodeling market to an unprecedented height of $567 billion in 2022, according to Improving America's Housing 2023, a new report released by the Harvard Joint Center for Housing Studies.
Scanalytics CEO Participates in ARPA-E Energy Innovation Summit
Milwaukee, WI, March 23, 2023—Joe Scanlin, CEO and co-founder of Scanalytics, is in Washington D.C. this week to participate in the Department of Energy's 2023 ARPA-E Energy Innovation Summit.