Breaking Flooring News

Hospitality Market Shows Early Signs of Recovery

Hospitality Market Shows Early Signs of Recovery

Portsmouth, NH, July 27, 2021—According to analysts at Lodging Econometrics (LE), at the end of the Q2 2021, the total U.S. construction pipeline stood at 4,787 projects and 598,111 rooms, down 14% YOY from 5,582 projects and 687,801 rooms in Q2 2020.

Read more

Industry News

Durable Goods Orders Rise 0.8% in June

Washington, D.C., July 27, 2021—The U.S. Census Bureau has announced that new orders for manufactured durable goods in June increased 0.8%, or $2.1 billion, to $257.6 billion, the 13th increase in 14 months.

Read more

Spartan Surfaces Expands into New England

Bel Air, MD, July 27, 2021—Spartan Surfaces, a specialty flooring distribution company headquartered in Maryland with showrooms in Chicago and Washington, D.C., has expanded into Connecticut, Massachusetts, Rhode Island, New Hampshire and Maine.

Read more

Mohawk Group Launches Waterways Project

Calhoun, GA, July 27, 2021—Mohawk Group has announced the launch of its Waterways Project, a mobile showcase centered on sustainability that features new products and innovations from Mohawk Group and Durkan, the firm’s hospitality division.

Read more

New Home Sales Fell 6.6% in June, down 19.4% YOY

Washington, D.C., July 26, 2021-New single-family home sales in June 2021 were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

Read more

High Earning Gen Xers Drawn to 15 States

Chicago, IL, July 26, 2021—According to the National Association of Realtors’ (NAR) Realtor Magazine, Gen Xers, which are the highest-earning generation with a median income of $113,300, are moving to states in the South and West, some of which offer no state income tax.

Read more

Median Home Prices Hit Record-High in June

New York, NY, July 23, 2021—Continued strong demand pushed the median U.S. home price to a record high in June, though the national house-buying frenzy cooled slightly as supply ticked higher, reports the Wall Street Journal.

Read more

Renters Facing Eviction as Federal Aid Dollars Go Undistributed

New York, NY, July 23, 2021-State and local governments are struggling to distribute $47 billion in federal money aimed at helping tenants who can’t pay rent because of the Covid-19 crisis, leaving many people at risk of being thrown out of their homes when an eviction moratorium expires on July 31, reports the Wall Street Journal.

Read more
Previous Next

Recent Industry Events

Interviews

Keith Spano Discusses the New Programs Introduced at the CCA Global Meeting In Denver

Read more

Harlan Stone Discuses HMTX's New Sustainable World Headquarters in Connecticut

Read more

John Weller Discusses Broadlume's FloorCon Trade Show in Sarasota in November

Read more

Cathy Buchanan Discusses Her Retail Flooring Business in MI & Highlights of Carpet One Convention

Read more

John Gilbert Discusses Revenue Growth Within Carpet One & Highlights of CCA Summer Convention

Read more
Previous Next