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, May 18, 2023—In the week ending May 13, the advance figure for seasonally adjusted initial claims was 242,000, a decrease of 22,000 from the previous week's unrevised level of 264,000, according to the Department of Labor.
Washington, DC, May 17, 2023—Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,401,000, 2.2% above the revised March estimate of 1,371,000 but 22.3% below the April 2022 rate of 1,803,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Cincinnati, OH, May 17, 2023-The National Floorcovering Alliance (NFA) has added a new member: Jordans Flooring.
Cartersville, GA, May 17, 2023-Shaw Industries announces two key leadership changes to further strengthen the company's commercial division; Brenda Knowles has been named vice president of commercial customer experience, and Jeff West has been named vice president of commercial marketing and product development.
Norwalk, CT, May 17, 2023—HMTX Industries announced the promotion of Lin Gao to director, global sustainability & quality assurance.
Wielsbeke, Belgium, May 17, 2023—B.I.G. Yarns has unveiled its new “SustainableYarns” platform at Clerkenwell Design Week.
New York, NY, May 17, 2023—"When average city office-occupancy rates at the start of the year surpassed 50% for the first time during the pandemic, many landlords viewed this milestone as a sign that employees were finally resuming their former work habits,” reports the Wall Street Journal.
Washington, DC, May 17, 2023—Mortgage applications decreased 5.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 12, 2023.
Atlanta, GA, May 16, 2023-The Home Depot reported sales of $37.3 billion for Q1 2023, a decrease of 4.2% from Q1 2022’s $38.9 billion.
Washington, DC, May 16, 2023—Builder confidence in the market for newly built single-family homes in May rose five points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).