High-End Home Sales Particularly Sluggish in Current Market
Washington, DC, February 20, 2023—Home sales slumped last year, but sales of the most expensive homes were particularly weak, reports the Wall Street Journal.
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.
Mullican Releases Solid Hardwood Collection
Johnson City, TN, February 20, 2023—Mullican Flooring has released a new collection of solid hardwood products called Nordic Naturals.
Home Price Gains Continued to Impact Affordability in Q4 2022
Washington, DC, February 17, 2023-Approximately nine out of 10 metro markets registered home price gains in Q4 2022 despite mortgage rates eclipsing 7%, according to the National Association of Realtors’ latest quarterly report.
January Furniture Sales Rose 4.4% from December, 3.8% YOY
Washington, DC, February 17, 2023-"Year-over-year and compared with December, furniture and home furnishings sales showed signs of life in what was a good start for retail in the U.S. Department of Commerce’s advance monthly estimates,” reports Furniture Today.
Jan. Import Prices Down Overall, but Consumer Goods Import Prices Up 0.2%
Washington, DC, February 17, 2023-U.S. import prices decreased 0.2% in January following a revised 0.1% drop the previous month, the U.S. Bureau of Labor Statistics reported.
Mohawk Group's Definity Products Now 105% Carbon Neutral
Dalton, GA, February 17, 2023 -Mohawk Group has announced that all soft surface styles produced on the Definity platform are now officially 100% carbon neutral with an additional 5% carbon offset.
Winners of 2023 Women in Sustainability Leadership Awards Named
Scottsdale, AZ, February 17, 2023—The WSLA Alumnae Group announced this year’s sustainability leaders in a live and virtual Women in Sustainability Leadership Awards (WSLA) ceremony February 16 during GreenBiz at the Scott Resort and Spa in Scottsdale, Arizona.
January Housing Starts Declined 4.5% from December, 21.4% YOY
Washington, DC, February 16, 2023-Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,309,000, 4.5% below the revised December estimate of 1,371,000 and 21.4% below the January 2022 rate of 1,666,000, according to the U.S. Census Bureau.
Three Flooring-Related Companies Make Forbes Best Employers List
New York, NY, February 16, 2023—The Home Depot, Honeywell and Milliken have been named to the 2023 Best Employers list by Forbes and Statista.
Producer Prices Rose 0.7% in January
Washington, DC, February 16, 2023—The Producer Price Index for final demand increased 0.7% in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.