FCEF Meeting Provides Update on Efforts to Tackle Installer Shortage
Nashville, TN, September 21, 2022-The Floor Covering Education Foundation (FCEF) board met Thursday and Friday in Nashville.
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.
Multifamily Confidence Declined in Q3
Washington, DC, November 21, 2022—The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates, according to results from the Multifamily Market Survey (MMS) released by NAHB.
Inflation Cutting into Americans' Pandemic Savings
New York, NY, November 21, 2022—"It is the $1.7 trillion question for the U.S. economy: How long can the savings consumers built up during the pandemic keep their spending going?,” reports the Wall Street Journal.
Mirage Acquires Parquets Alexandra
St-Georges, Québec, November 18, 2022 – Mirage-the manufacturer behind the Mirage, Vintage, and Ten Oaks brands of hardwood flooring-has acquired Parquets Alexandra.
Existing Home Sales Declined 5.9% in October
Washington, DC, November 18, 2022—Total existing-home sales decreased 5.9% from September to a seasonally adjusted annual rate of 4.43 million in October, according to the National Association of Realtors.
2022 NAFCD + NBMDA Convention Welcomed 1,100 Attendees
Chicago, IL, November 18, 2022-The North American Association of Floor Covering Distributors (NAFCD) and North American Building Material Distribution Association (NBMDA) welcomed nearly 1,100 distributors and suppliers to its 2022 Annual Convention in Chicago, Illinois
NWFA Releases 2023 Training Schedule
St. Louis, MO, November 18, 2022—The National Wood Flooring Association released its 2023 Training Calendar.
Analyst Stump & Co. Reports on BDNY Hospitality Expo
Charlotte, NC, November 18, 2022-Analyst Stump & Company issued the following analysis of this year’s BDNY event,
Architecture Billings Index Declined to 47.7 in October
Washington, DC, November 17, 2022-The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for October was 47.7, the first decline in billings since January 2021 (any score below 50 indicates a decline in firm billings).
Total Construction Starts Rose 8% in October, Driven by Nonbuilding
Hamilton, NJ, November 17, 2022 — Total construction starts rose 8% in October to a seasonally adjusted annual rate of $1.12 trillion, according to Dodge Construction Network. In October, nonresidential building starts gained 9%, and nonbuilding starts rose 26%; however, residential starts fell by 3%.