Builders Constructing Smallest Homes in 15 Years
Washington, DC, April 2, 2025--Data from the U.S. Census Bureau confirm that builders are constructing smaller homes, reports the National Association of Homebuilders (NAHB).
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.
Baby Boomers Are Now Largest Group of Homebuyers
Washington, DC, April 2, 2025—In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of homebuyers, according to the National Association of Realtors.
Mortgage Applications Declined 1.6% in Week Ending March 28
Washington, DC, April 2, 2025—Mortgage applications decreased 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 28, 2025.
Orders for Manufactured Goods Rose 0.6% in February
Washington, DC, April 2, 2025—New orders for manufactured goods in February, up two consecutive months, increased $3.6 billion or 0.6% to $594.0 billion, the U.S. Census Bureau reported.
Construction Industry Job Openings Rose by 22,000 in February
Washington, DC, April 2, 2025—The construction industry had 264,000 job openings on the last day of February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Construction Spending Rose 0.7% in February, Up 2.9% YOY
Washington, DC, April 1, 2025—Construction spending during February 2025 was estimated at a seasonally adjusted annual rate of $2,195.8 billion, 0.7% above the revised January estimate of $2,179.9 billion, according to the U.S. Census Bureau.
Purchasing Managers' Index Declined to 49% in March
Tempe, AZ, April 1, 2025—The Manufacturing PMI registered 49% in March, 1.3 percentage points lower compared to the 50.3% recorded in February, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
FCICA Meeting Underway Now in Fort Worth
Fort Worth, TX, April 1, 2025—The FCICA spring mid-year meeting is currently underway in Fort Worth, Texas, running through April 2.
HMTX Expands Partnership with Spartan Surfaces
Norwalk, CT, April 1, 2025—HMTX, a global flooring manufacturer, has announced its expanded national partnership with Spartan Surfaces, a specialty flooring distribution company.
FCITS to Offer Concrete Moisture Testing Class
Dalton, GA, April 1, 2025—FCITS (Flooring Consultants & Inspection Training Services) announces the upcoming Concrete Moisture Testing Class—a comprehensive, hands-on certification program tailored for Retailers’ Sales and Installation teams.