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.
Columbus, OH, October 1, 2024-- After 32 years of successful collaboration, Mannington and Starnet have mutually decided to end their formal business partnership, despite the long-standing and fruitful collaboration they have shared.
Dalton, GA, October 2, 2024—California Governor Gavin Newsom signed AB 863 (Aguiar-Curry) into law, which makes changes to the state’s existing and successful carpet recycling stewardship program.
Erwin, TN, October 2, 2024—Foam Products’ production facility in Erwin, Tennessee was damaged by the flood waters caused by Hurricane Helene’s landfall.
Washington, DC, October 2, 2024—The construction industry had 370,000 job openings on the last day of August, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Brunswick, OH, October 2, 2024—Monarch Carpet One of Brunswick, Ohio is celebrating 50 years of business, reports The Gazette.
Washington, DC, October 2, 2024—The U.S. Census Bureau's non-residential construction results for August showed modest growth following very strong comps throughout 2023, reports Truist.
Washington, DC, October 2, 2024—Mortgage applications decreased 1.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending September 27, 2024.
Richmond, VA, October 2, 2024—As of October 1, LL Flooring Holdings, Inc. completed the previously announced going-concern sale of the business to F9 Investments for the acquisition of 219 stores, inventory in those stores, LL Flooring’s intellectual property and other company assets.
Washington, DC, October 1, 2024—Construction spending during August 2024 was estimated at a seasonally adjusted annual rate of $2,131.9 billion, 0.1% below the revised July estimate of $2,133.9 billion, according to the U.S. Census Bureau.
New York, NY, October 1, 2024-"Federal Reserve chair Jerome Powell said officials would continue to reduce interest rates from a two-decade high to maintain solid economic growth, but they didn’t currently see a reason to lower rates as aggressively as they did at their most recent meeting,” reports the Wall Street Journal.