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.
New York, NY, July 27, 2022—The International Monetary Fund (IMF) cut its global growth outlook for this year and next, warning that the world economy may soon be on the cusp of an outright recession, reports the Wall Street Journal.
Washington, DC, July 27, 2022—Mortgage applications decreased 1.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 22, 2022.
Washington, DC, July 27, 2022—New orders for manufactured durable goods in June increased $5.0 billion or 1.9% to $272.6 billion, the U.S. Census Bureau announced.
Dalton, GA, July 27, 2022-Congoleum has committed to providing flooring and supplies for Floor Covering Education Foundation (FCEF) programs. Sika-DriTac has committed to providing supplies and assisting with training demonstrations for FCEF programs.
Washington, DC, July 26, 2022-Sales of new single-family houses in June 2022 were at a seasonally adjusted annual rate of 590,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 8.1% below the revised May rate of 642,000 and 17.4% below the June 2021 estimate of 714,000.
Washington, DC, July 26, 2022-Home prices made a 19.7% annual gain in May, down from 20.6% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
Hamont, Belgium, July 26, 2022-I4F announced that U.S.-based HMTX Industries has signed a new I4F license for digital printing technologies as well as acquired a Hymmen Jupiter Digital Printing Line.
Calhoun, GA, July 26, 2022—Winners of the 2022 Green Good Design Awards have been named.
Lancaster, PA, July 22, 2022--The bankruptcy judge ruled that AWI (Armstrong's ceiling business) must give written consent for AHF Products to use the Armstrong Brand name on flooring products- clearing the way for the sale of Armstrong Flooring to AHF Products, according to Lancaster Online.
Lewis Center, OH, July 25, 2022—In 2021, Starnet’s gross sales, including services, grew nearly (6%) to $3.3 billion, slightly off the 2019 pre-pandemic high of $3.5 billion dollars, according to its 2022 State of the Group survey results.