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.
Richmond, VA, November 17, 2022—LL Flooring’s executive vice president and chief financial officer Nancy Walsh has decided to pursue another opportunity and will be leaving the company effective December 9.
Mooresville, NC, November 16, 2022—Lowe’s reported sales for Q3 2022 were $23.5 billion, a 2.6% increase compared to sales of $22.9 billion in Q3 2021. Comparable sales increased 2.2%.
Washington, DC, November 16, 2022-Advance estimates of U.S. retail and food services sales for October 2022 were $694.5 billion, up 1.3% from the previous month, and 8.3% above October 2021, the U.S. Census Bureau announced.
Washington, DC, November 16, 2022-Mortgage applications increased 2.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 11, 2022.
Washington, DC, November 16, 2022—Builder confidence in the market for newly built single-family homes posted its 11th straight monthly decline in November, dropping five points to 33, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Washington, DC, November 16, 2022—Industrial production decreased 0.1% in October, and its gain in September was revised down to 0.1%, according to the Federal Reserve.
Washington, DC, November 16, 2022—Prices for U.S. imports declined 0.2% in October, after falling 1.1% the previous month, the U.S. Bureau of Labor Statistics reported.
Atlanta, GA, November 15, 2022—The Home Depot reported sales of $38.9 billion for Q3 2022, an increase of 5.6% from Q3 2021’s $36.8 billion.
Washington, DC, November 15, 2022—The Producer Price Index for final demand increased 0.2% in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Shanghai, China, November 15, 2022—CFL Flooring has completed the materiality assessment in a preparation for its first, publicly available sustainability report.