| | | Feb 07, 2025 / The Right News Right When It Happens | | Top Story | | | | Mohawk's Sales Inch Up in Q4, Earnings Down 34% | | Calhoun, GA, February 7, 2025-Mohawk announced net sales for Q4 2024 were $2.6 billion, a slight increase over Q4 2023’s $2.6 billion. | | |
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| | Today's Flooring News | | | | Consumer Sentiment Down 4.6% in Early February | | Ann Arbor, MI, February 7, 2025—Consumer sentiment declined 4.6% to 67.8 in early February, according to preliminary results from the University of Michigan Survey of Consumers. | | |
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| | | | Nearly 90% of Metro Areas Register Home Price Gains in Q4 | | 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. | | |
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| | | | Classen Specifies I4F's Drop-Lock System for PP Products | | 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. | | |
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| | | Construction Employment Rose by 4,000 Jobs in January | | 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. | | |
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| | | Employment Up 143K Jobs in Jan., Unemployment Inched Down | | 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. | | |
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| | | DHA Petitions Trump to Exclude Hardwood from Tariffs | | 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. | | |
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| | | T&F Lumber Earns NWFA/NOFMA Mill Certification | | 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). | | |
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| | | WIFI Announces Four New Scholarship Recipients | | 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. | | |
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| Featured Video | | | | Christine Zampaglione, Trey Thames & Jamann Stepp Showcase Stanton's Branding Focus & 2025 Products | | February 7, 2025—Christine Zampaglione, Trey Thames and Jamann Stepp, senior director of marketing, SVP of Soft Surface, and SVP of Hard Surface | | |
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