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.
Lancaster, PA, November 19, 2024—Ecore International has received a minority growth investment from General Atlantic, a global growth investor, through the firm’s BeyondNetZero climate growth fund.
Washington, DC, November 19, 2024—Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,311,000, 3.1% below the revised September estimate of 1,353,000 and 4.0% below the October 2023 rate of 1,365,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced.
Northlake, IL, November 19, 2024—Empire Today, a shop-at-home, direct-to-consumer flooring company, has been awarded the 2024 Chicago Torch Hall of Fame Award by the Better Business Bureau (BBB) of Chicago and Northern Illinois.
Dalton, GA, November 19, 2024––The World Floor Covering Association (WFCA) is accepting applications for nominations to the Floor Covering Industry Hall of Fame.
Crosslake, MN, November 19, 2024--Londale “Lon” Musolf, 97, died November 7.
Washington, DC, November 18, 2024—Builder confidence in the market for newly built single-family homes was 46 in November, up three points from October, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
New York, NY, November 18, 2024-"Americans need to earn nearly $108,000 a year to afford a single-family home in most cities now,” reports Fox Business.
Charlotte, NC, November 18, 2024-Over half of U.S. homeowners have completed major renovation project in past two years, a Nationwide survey of 1,000 U.S. homeowners found, reports Truist.
New York, NY, November 18, 2024—"Here’s one of the most striking trends in the U.S. right now: Homeowners are sitting on a record $35 trillion of equity, more than double what had built up on the eve of the 2008 housing crash,” reports the Wall Street Journal.
Tokyo, Japan, November 18, 2024-Toray Industries signed a memorandum of understanding with major Thai petrochemicals producer PTT Global Chemical Public Company Limited to explore mass production technology for adipic acid made from non-edible biomass.