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, August 17, 2022—Mortgage applications decreased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 12, 2022.
Mountville, PA, August 17, 2022—AHF Products announced that flooring distributor Belknap-Haines will be the distributor of Armstrong brand flooring resilient products in Ohio, Indiana, and Kentucky, effective immediately.
Dalton, GA, August 17, 2022—Shaw is a contributing sponsor for Bridge Innovate’s Bright Spark 2022 Invention Challenge.
Dalton, GA, August 17, 2022—The Floor Covering Education Foundation (FCEF) has formed a partnership with Powernail that will provide technical schools with the tools needed to launch a Basic Flooring Installation program.
Crossville, TN, August 17, 2022—Crossville Inc. was recently recognized with a Readers’ Choice Award by KBB Magazine in the Kitchen Flooring segment.
Washington, DC, August 17, 2022—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,858.1 billion, up 1.3% from May 2022 and was up 14.5% from June 2021, according to the U.S. Census Bureau.
Washington, D.C., August 16, 2022 - Housing starts are slowing, but permits have not been as affected, according to the latest Census Bureau data.
Atlanta, GA, August 16, 2022 - The Home Depot reported sales of $43.8 billion for the second quarter of fiscal 2022, an increase of $2.7 billion or 6.5% year-over-year. Comparable sales for the second quarter of fiscal 2022 increased 5.8%, and comparable sales in the U.S. increased 5.4%.
Washington, D.C., August 16, 2022 - Total industrial production increased 0.6% in July, up 3.9% year-over-year, according to the Federal Reserve. The numbers got a big boost from automobile-related gains.
Washington, D.C., August 16, 2022 - The National Association of Homebuilders (NAHB) has released a statement opposing the passage of the Inflation Reduction Act of 2022, stating that “it fails to ease inflationary pressures on housing and contains troublesome new building and energy code requirements that could raise the cost of housing for homeowners and renters.”