Doubman Named COO of Ecore Intl. & President of Ecore Comml.
Lancaster, PA, July 20, 2022—Ecore announces the hiring of John “Jay” R. Doubman as chief operating officer of Ecore International and president of Ecore Commercial.
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.
Mortgage Applications Declined 6.4% in Week Ending July 15
Washington, DC, July 20, 2022—Mortgage applications decreased 6.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 15, 2022.
Remodel Spending Expected to Slow but Stay Position in Early 2023
Cambridge, MA, July 19, 2022-Annual growth in homeowner spending for improvements and repairs is expected to soften during the first half of next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Housing Starts Declined 2.0% in June
Washington, DC, July 19, 2022—Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,559,000, 2.0% below the revised May estimate of 1,591,000 and 6.3% below the June 2021 rate of 1,664,000, according to the U.S. Census Bureau.
INSTALL Adds Hardwood Installation Course to Roster
Washington, DC, July 19, 2022-Continuing to expand its training offerings, INSTALL, dedicated to floorcovering installation training and certification, recently presented a hardwood flooring installation course at the Northwest Carpenters Institute (NWCI) in Burlington, Washington.
The Dixie Group Joined FCEF as Corporate Sponsor
Dalton, GA, July 19, 2022—The Floor Covering Education Foundation (FCEF) recently added a new corporate sponsor to its list of partners providing ongoing financial support: The Dixie Group (TDG).
William M. Bird Forms Partnership with Proflex
Charleston, SC, July 19, 2022—Flooring distributor William M. Bird announced it has partnered with Proflex to expand its offering of flooring installation supplies.
Single-Family Builder Confidence Declined to 55 in May
Washington, DC, July 18, 2022—Builder confidence in the market for newly built single-family homes posted its seventh straight monthly decline in July, falling 12 points to 55, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Hardwood Flooring Imports Declined 29% in April
Washington, DC, July 18, 2022—U.S. imports of hardwood flooring slowed in April, down 29% from strong performance in March, according to the Decorative Hardwoods Association.
Dollar Hit 20-Year High in Second Week of July
New York, NY, July 18, 2022—The dollar has hit a 20-year high, reports the Wall Street Journal.