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.
Dalton, GA, February 28, 2022—The American Floorcovering Alliance (AFA) announced the election of John Karr of ProdTek as president, Paul Yacobucci of Piedmont Commercial Carpets as vice-president, and Nadeem Moughrabi of Polycom as secretary/treasurer.
Washington, DC, February 28, 2022-The war in Ukraine and the West’s response are likely to have multiple effects on construction materials costs and availability, reports Associated General Contractors of America.
Bel Air, MD, February 25, 2022-Spartan Surfaces has acquired Wisconsin-based KRS Inc.
Trenton, NJ February 24, 2022- Congoleum Flooring ceased operations at its Trenton, New Jersey tile plant on February 23.
Ann Arbor, MI, February 25, 2022-Consumer sentiment slid 6.5% in February to 62.8, according to final results from the University of Michigan Survey of Consumers.
Cambridge, MA, February 25, 2022-Expenditures for improvements to the owner-occupied housing stock are expected to increase at a faster pace in most of the nation’s largest metropolitan areas this year, according to projections released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Washington, DC, February 25, 2022-The Pending Home Sales Index (PHSI) fell 5.7% to 109.5 in January, the National Association of Realtors reported.
New York, NY, February 25, 2022-Mortgage rates hovered just below 4% for a second week, maintaining stress on potential buyers facing high prices and low inventory, according to the Wall Street Journal.
Washington, DC, February 25, 2022-Confidence in the market for new multifamily housing improved in Q4 2021, according to results from the Multifamily Market Survey released today by the National Association of Home Builders (NAHB).
Washington, DC, February 25, 2022—Personal income increased $9.0 billion (less than 0.1%) in January, according to estimates released by the Bureau of Economic Analysis.