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, May 25, 2023—In the week ending May 20, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 4,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, May 24, 2023—The Architecture Billings Index score for March decreased from 50.4 in March to 48.5 in April (any score below 50 indicates a decrease in firm billings), according to a report released today from The American Institute of Architects (AIA).
Dalton, GA, May 24, 2023-F9 Brands, which owns and manages a portfolio of companies in the building products, home improvement and luxury home décor industries, including Southwind Building Products, announced that, effective immediately, Southwind would operate independently of the other F9 portfolio companies.
Dalton, GA, May 23, 2023—The Certified Flooring Installers (CFI) and the Flooring Contractors Association (FCICA) announce their partnership in hosting a convention and trade show, scheduled to take place from September 20 to 22 at Rosen Shingle Creek in Orlando, Florida.
Washington, DC, May 24, 2023—Mortgage applications decreased 4.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 19, 2023.
New York, NY, May 24, 2023—Choice Hotels International is seeking to buy Wyndham Hotels & Resorts, according to people familiar with the matter, a deal that would create one of the biggest budget hotel owners in the country with brands including Days Inn and Econo Lodge, according to the Wall Street Journal.
Washington, DC, May 23, 2023—Sales of new single-family houses in April 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.1% above the revised March rate of 656,000 and 11.8% above the April 2022 estimate of 611,000.
Scottsdale, AZ, May 23, 2023-During Starnet’s annual meeting, held May 18 to 21 in Scottsdale, Arizona, the group announced changes to its board and Starnet Design Awards winners.
Mooresville, NC, May 23, 2023—Lowe’s Q1 2023 sales were $22.3 billion, a 5.9% decline compared to sales of $23.7 billion in the same period last year.
St. Louis, MO, May 23, 2023—The National Wood Flooring Association (NWFA) announced the addition of Rick Holden and the late Don Conner to the NWFA Hall of Fame during the NWFA Wood Flooring Expo in Milwaukee, Wisconsin on May 2.