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.
New York, NY, March 6, 2023—Rising mortgage rates are cooling the U.S. housing market, sapping recent buyer interest heading into the crucial spring selling season, reports the Wall Street Journal.
High Point, NC, March 6, 2023—"Furniture industry consultant Smith Leonard just released a survey of furniture manufacturers and distributors showing new orders in December 2022 were down 31% from December 2021 and down 33% for the year,” reports Furniture Today.
Mooresville, NC, March 3, 2023-The Lowe's Foundation announced a $50 million commitment over the next five years to prepare 50,000 people for skilled trades careers through grants to community and technical colleges and community-based nonprofits.
St. Louis, MO, March 3, 2023—Registration is now open for the National Wood Flooring Association (NWFA) 2023 Wood Flooring Expo, which will be held from May 2 to 4 in Milwaukee, Wisconsin at the Wisconsin Center.
Washington, DC, March 3, 2023—"Consumers pulled back on purchases of apparel and electronics in recent months while continuing to spend on groceries and other necessities, according to some of the largest U.S. retailers,” reports the Wall Street Journal.
Dalton, GA, March 2, 2023— The Dixie Group reported Q4 2022 net sales were $70.5 million, a 21% decline compared to sales of $89.2 million in Q4 2021.
Dallas, TX, March 2, 2023-The International Surface Event (TISE): Surfaces | StonExpo | TileExpo, held on Las Vegas January 31 to February 2, experienced a 67% increase in attendance over the 2022 event with double-digit increases again over events going as far back as before 2019.
Calhoun, GA, March 1, 2023--Mohawk wrapped up its Momentum Roadshow with visits to its showroom and select mills in Calhoun and Dalton, Georgia yesterday.
Washington, DC, March 2, 2023-Nonfarm business sector labor productivity increased 1.7% in Q4 2022, the U.S. Bureau of Labor Statistics reported, as output increased 3.1% and hours worked increased 1.4%.
Washington, DC, March 2, 2023—While the U.S. homeownership rate has continually increased during the last decade—to 65.5% in 2021 (from 64.7% in 2011)—the Black homeownership rate has not kept pace with increases of other racial groups.