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, April 12, 2023-The construction industry lost 9,000 jobs in March after posting successive monthly gains since February 2022, as employment in both nonresidential and residential construction declined by 1,800 and 7,000 jobs, respectively, reports Dodge Analytics.
Washington, DC, April 11, 2023—Retail sales are anticipated to grow between 4% and 6% in 2023, according to The National Retail Federation’s (NRF) annual forecast.
Chattanooga, TN, April 11, 2023-Jeffrey Lorberbaum, CEO of Mohawk Industries, has again been included on Forbes’ 2022 Billionaires List.
Washington, DC, April 11, 2023—NFIB’s Small Business Optimism Index decreased 0.8 points in March to 90.1, marking the 15th consecutive month below the 49-year average of 98.
Memphis, TN, April 11, 2023—America's Best Carpet & Tile (ABCT), a provider of full-service flooring solutions, was acquired by Kansas City-based private equity firm Great Range Capital.
Cranbury, NJ, April 11, 2023—Tile of Spain, the international brand representing over 100 ceramic tile manufacturers from Spain, has announced its schedule of events for Coverings 2023, North America’s largest international tile and stone exhibition and conference, held April 18 to 21 in Orlando, Florida.
Osseo, WI, April 11, 2023—"North American Specialty Laminations, a provider of specialty lamination, fabrication, and finishing solutions has acquired Diversified Manufacturing of California, dba, Profile Wrapping, a West Coast-based profile lamination wrapping specialist,” reports Woodworking Network.
High Point, NC, April 11, 2023—The Vacation Rental Design (VRD) Summit, a new industry event produced by High Point x Design and High Point Market Authority, announces Surya as its title sponsor.
New York, NY, April 11, 2023—The next wave of remote work is about outsourcing jobs overseas, reports the Wall Street Journal, noting that companies are responding to labor shortages and rising wages by moving some positions abroad.
Albany, NY, April 10, 2023--New York's extended producer responsibility (EPR) legislation, signed in January, which requires carpet manufacturers to develop and enact plans for recycling, has been delayed, giving carpet makers and sellers two additional years before they have to comply with the state’s new carpet recycling measures.