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.

Centricity & FEI Group Form Partnership

Centricity & FEI Group Form Partnership

St. Petersburg, FL, December 4, 2024-Centricity, a provider of protection coverage for home purchases, has partnered with FEI Group, a member-driven organization in the flooring and home finishes industry, to roll out Nationwide Marketing Group’s EPIC Protect program.

Mortgage Applications Rose 2.8% in Week Ending November 29

Mortgage Applications Rose 2.8% in Week Ending November 29

Washington, DC, December 4, 2024—Mortgage applications increased 2.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 29, 2024.

Factory Orders Rose 0.2% in October

Factory Orders Rose 0.2% in October

Washington, DC, December 4, 2024—New orders for manufactured goods in October, up following two consecutive monthly decreases, increased $1.1 billion or 0.2% to $586.7 billion, the U.S. Census Bureau reported. This followed a 0.2% September decrease.

Increased Construction in Low Density Areas on the Rise

Increased Construction in Low Density Areas on the Rise

Washington, DC, December 3, 2024—More residential construction is occurring in low density suburbs and outlying areas because of several factors that affect housing affordability, including the continued lack of buildable lots, higher home building costs and an ongoing shortage of construction workers.

Construction Spending Rose 0.4% in October

Construction Spending Rose 0.4% in October

Washington, DC, December 2, 2024—Construction spending during October 2024 was estimated at a seasonally adjusted annual rate of $2,174.0 billion, 0.4% above the revised September estimate of $2,164.7 billion, according to the U.S. Census Bureau.