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.
Washington, DC, February 7, 2025—Almost 90% of metro markets (201 out of 226, or 89%) experienced home price increases in the fourth quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.12% to 6.85%, according to the National Association of Realtors' latest quarterly report.
Kaisersesch, Germany/Turnhout, Belgium, February 6, 2025- Classen Group, a producer of flooring and wall coverings, and I4F, a group of companies providing patents and technologies to the flooring industry, announced the strengthening of their long-standing patent partnership with the addition of Classen’s Polypropylene (PP) technologies.
Washington, DC, February 7, 2025—The construction industry added 4,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics.
Washington, DC, February 7, 2025-Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0%, the U.S. Bureau of Labor Statistics reported.
Sterling, VA, February 6, 2025-"On January 29, DHA [Decorative Hardwoods Association] sent a letter to the Trump administration requesting that hardwood plywood, veneer, and engineered wood flooring be exempted from the 25% tariffs on imports from Canada.
St. Charles, MO, February 6, 2025—T&F Lumber Company is the latest company to earn NWFA/NOFMA Mill Certification from the National Wood Flooring Association (NWFA).
Dalton, GA, February 7, 2025—Women in the Floorcovering Industry (WIFI) has announced its latest scholarship recipients, for a cumulative total of nearly $50,000 invested in the growth and development of 17 women in the flooring industry.
Washington, DC, February 6, 2025—Nonfarm business sector labor productivity increased 1.2% in Q4 2024, the U.S. Bureau of Labor Statistics reported, as output increased 2.3% and hours worked increased 1.0%.
Dalton, GA, February 6, 2024—The Certified Floorcovering Installers Association (CFI) and the Ceramic Tile Education Foundation (CTEF) have announced the formation of a new education and training program for entry-level floorcovering installation professionals.
Washington, DC, February 6, 2025—In the week ending February 1, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 11,000 from the previous week's revised level, according to the Department of Labor.