Homebuilding Poised for Growth in 2021 but Challenges Persist
Washington, DC, February 10, 2021-As the country continues to rebound from the impact of the COVID-19 pandemic, housing has been a bright spot in the economic recovery.
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.
American Biltrite Announces Price Increase
Sherbrooke, QC, February 10, 2021—American Biltrite announced that it will implement a 3% to 6% price increase on flooring products.
Daltile Joins Material Bank
Dallas, TX, February 10, 2021-Daltile has joined Material Bank.
Swiff-Train Promotes Nigh & Killen into Sales Leadership Roles
Houston, TX, February 10, 2021-Swiff-Train announces the promotion of Jason Nigh into the role of vice president of sales – STC North America and Chris Killen into the role of director of sales – North America distribution.
Consumer Prices Inched Up 0.3% in January
Washington, DC, February 10, 2021—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.
Coverings Connected 2021 Slated for February 23
Arlington, VA, February 10, 202—Coverings has announced the fourth Coverings Connected. The interactive digital event will take place February 23 in commemoration of National Tile Day.
Mortgage Applications Slid 4.1% in First Week of February
Washington, DC, February 10, 2021—Mortgage applications decreased 4.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 5, 2021.
Forbo Announces 5% to 9% Price Increase on All Products
Hazleton, PA, February 9, 2021—Forbo Flooring Systems is implementing a 5% to 9% price increase on all flooring products, effective with orders placed on or after April 1.
Housing Affordability Steady in Q4
Washington, DC, February 9, 2021—Record-low mortgage rates offset record-high home prices to keep housing affordability steady in the fourth quarter of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).
Kathy Prime Named SVP of Human Resources for Ecore
Lancaster, PA, February 9, 2021-Ecore announces the addition of Kathy Prime to its executive team as senior vice president human resources (HR) and organization development.