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.
Calhoun, GA, November 7, 2024-As Mohawk Industries’ president and chief operating officer Chris Wellborn prepares for his planned retirement next February, the company has announced plans to promote Paul De Cock, current president of Flooring North America, into Wellborn’s role.
New York, NY, November 7, 2024-"Wall Street has rarely been more excited by an election,” reports the Wall Street Journal.
Washington, DC, November 7, 2024—Approximately 90% of metro markets (196 out of 226, or 87%) registered home price gains in Q3 2024, as the 30-year fixed mortgage rate ranged from 6.08% to 6.95%, according to the National Association of Realtors’ quarterly report.
Washington, DC, November 7, 2024—Confidence in the market for new multifamily housing showed mixed results year-over-year in Q3, according to results from the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB).
Washington, DC, November 7, 2024—Nonfarm business sector labor productivity increased 2.2% in Q3 2024, the U.S. Bureau of Labor Statistics reported, as output increased 3.5% and hours worked increased 1.2%.
Washington, DC, November 7, 2024—In the week ending November 2, the advance figure for seasonally adjusted initial claims was 221,000, an increase of 3,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, November 6, 2024—As older Americans continue to remain living in their homes for longer, and the homeownership rate for Americans over 50 continues to increase, there will be excess demand for older Americans’ homes over the next decade as shifting demographics impact housing for homebuyers of all ages.
Washington, DC, November 6, 2024-Mortgage applications decreased 10.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending November 1, 2024.
Dalton, GA, November 6, 2024-This holiday season, young patients in hospitals and other organizations across the U.S. will be getting a little extra sparkle, thanks to J+J Flooring’s eighth annual Helping Hands initiative.
Atlanta, GA, November 6, 2024—Bernard Marcus, 95, founder of The Home Depot, died November 5.