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, November 27, 2024-Mortgage applications increased 6.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 22, 2024.
Washington, DC, November 27, 2024—Real gross domestic product (GDP) increased at an annual rate of 2.8% in Q3 2024, according to the second estimate released by the U.S. Bureau of Economic Analysis. In Q2, real GDP increased 3.0%.
Washington, DC, November 27, 2024-The Pending Home Sales Index elevated 2.0% to 77.4 in October, according to the National Association of Realtors.
Marshalltown, IA, November 27, 2024- Strand’s Flooring and Paint will retain its name following its 2023 sale to Painters Supply & Equipment of Taylor, Michigan.
Portsmouth, OH, November 27, 2024-Once again, the U.S. Department of Labor has cited hardwood floor manufacturer Appalachian Wood Floors Inc. with a long history of federal safety violations after the company reported a 23-year-old worker suffered a partial arm amputation while troubleshooting a rip saw machine.
Clemson, SC, November 27, 2024-International Product Assurance (IPA) Laboratories was recognized at the 2024 Annual Meeting of the American Council of Independent Laboratories (ACIL) in New Orleans.
Washington, DC, November 27, 2024—In the week ending November 23, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, November 27, 2024—New orders for manufactured durable goods in October, up following two consecutive monthly decreases, increased $0.7 billion or 0.2% to $286.6 billion, the U.S. Census Bureau announced.
Washington, DC, November 26, 2024—Sales of new single-family houses in October 2024 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 17.3% below the revised September rate of 738,000 and 9.4% below the October 2023 estimate of 673,000.
New York, NY, November 26, 2024--U.S. home prices recorded a 3.9% annual gain in September 2024, a slight deceleration from the previous annual gains in 2024, according to the S&P CoreLogic Case-Shiller Indices.