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.

EU Energy Ministers Agree to Natural-Gas Price Cap

EU Energy Ministers Agree to Natural-Gas Price Cap

New York, NY, December 20, 2022—"European energy ministers reached an agreement Monday to impose an emergency limit for natural-gas prices, which have been sent soaring by Russia’s invasion of Ukraine,” reports the Wall Street Journal.

Mohawk Trucks Participate in Wreaths Across America

Mohawk Trucks Participate in Wreaths Across America

Calhoun, GA, December 20, 2022—Three Mohawk trucks are among hundreds from across the country that are collectively delivering wreaths in partnership with Wreaths Across America to decorate veterans’ graves for the holiday season at approximately 2,500 cemeteries across the United States and abroad.

Builder Confidence Declined Two Points to 31 in December

Builder Confidence Declined Two Points to 31 in December

Washington, DC, December 19, 2022—Builder confidence in the market for newly built single-family homes posted its 12th straight monthly decline in December, dropping two points to 31, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

More Homebuyers Opting for Temporary Mortgage Buydowns

More Homebuyers Opting for Temporary Mortgage Buydowns

New York, NY, December 19, 2022—"Rising borrowing costs have dramatically increased the cost of buying a home this year, reviving interest in mortgage products like temporary buydowns that fell out of favor after the 2008 financial crisis,” reports the Wall Street Journal.

Dodge Anticipates Positive Market for Construction in 2023

Dodge Anticipates Positive Market for Construction in 2023

Hamilton, NJ, Dec. 14, 2022—Dodge Construction Network’s year-end report—which analyzes the key trends and insights across the industry throughout 2022, as well as insight into 2023—found that even though facets of a recession are possible, due to legislation and the advancements of project backlogs, construction may remain profitable through 2023.

Architecture Billings Index Declined to 46.6 in November

Architecture Billings Index Declined to 46.6 in November

Washington, DC, December 16, 2022—The pace of decline for design services from architecture firms during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.6 from 47.7 (any score below 50 indicates a decline in firm billings), according to a new report from The American Institute of Architects (AIA).

Bruce Odette of Carpet Exchange Named Mohawk's Top Retailer of 2022

Bruce Odette of Carpet Exchange Named Mohawk's Top Retailer of 2022

Nashville, TN, December 15, 2022—Mohawk named the eight finalists for its retailer of the year award at a luncheon at the Opryland Gaylord on December 14 during its Edge Summit. The winner, Bruce Odette of Denver, Colorado-based Carpet Exchange, was named during the final party that evening.