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, September 21, 2022-Total existing-home sales notched a minor contraction of 0.4% from July to a seasonally adjusted annual rate of 4.80 million in August, according to the National Association of Realtors.
Dalton, GA, September 21, 2022—With the industry losing an estimated 5,000 to 6,000 installers each year and the average age of an installer at 56 years old, the Floor Covering Education Foundation (FCEF) is working to stem the tide of a full-blown crisis by promoting the trade through awareness and educational resources.
Washington, DC, September 21, 2022—Mortgage applications increased 3.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 16, 2022.
Barnwell, SC, September 21, 2022—Swiss Krono Group, manufacturer of wood products and laminate flooring, appoints a new COO and technical director, Steve Carroll, for its U.S. operations in Barnwell, South Carolina.
Washington, DC, September 20, 2022-Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,575,000, 12.2% above the revised July estimate of 1,404,000 but 0.1% below the August 2021 rate of 1,576,000, according to the U.S. Census Bureau.
Hamont, Belgium, September 20, 2022-I4F, a group of companies providing patents and technologies to the flooring industry, announced the creation of I4F Inc. with its base located in Atlanta, Georgia.
New York, NY, September 20, 2022-"More than two years after the pandemic grounded group travel, hotels are finally selling blocks of rooms,” reports the Wall Street Journal.
Dalton, GA, September 19, 2022—The Floor Covering Industry Foundation (FCIF) launched a new campaign, “This is My Story," to raise awareness of the FCIF and highlight how the organization makes a difference by providing financial assistance to flooring families battling life-altering illnesses, injuries, and disabilities.
Washington, DC, September 19, 2022—Builder confidence in the market for newly built single-family homes fell three points in September to 46, the lowest level since May 2014 with the exception of the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Lewis Center, OH, Septemer 19, 2022—Nonn’s Flooring has joined Starnet.