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Jan 19, 2023  /  The Right News Right When It Happens
Top Story
Remodeling Activity Expected to Go From 16.3% to 2.6% This Year
Cambridge, MA, January 19, 2023--After several years of double-digit gains, expenditures for improvements and repairs to the owner-occupied housing stock are expected to grow only modestly in 2023, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
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Today's Flooring News
Mortgage Applications Increase for Second Week in a Row
Washington, DC, January 19, 2023--Mortgage applications increased 27.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2023.
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U.S. Tile Consumption Increased in Q3 2022, Despite Rising Prices
Anderson, SC, January 19, 2023--Through 3Q 2022, total U.S. ceramic tile consumption was up 1.3% by volume year over year, reports the Tile Council of North America.
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Industrial Production Dipped in December
Washington, DC, January 19, 2023--Industrial production decreased 0.7% in December and 1.7% at an annual rate in the fourth quarter, according to the Federal Reserve.
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Vinyl Institute Establishes Grant Program for PVC Recycling
Washington, DC, January 19, 2023--The Vinyl Institute (VI), a U.S. trade association representing the leading manufacturers of vinyl, announces the formation of VIABILITY, an industry-wide recycling grant program aimed at accelerating post-consumer PVC recycling across the country.
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Spartan Surfaces Expands into Southern California
Bel Air, MD, January 19, 2023--Spartan Surfaces has expanded into Southern California with Ismael "Ish" Calzada at the helm.
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Karndean's Abstract Collection Wins Platinum ADEX Product Award
Export, PA, January 19, 2023--Karndean Designflooring has received platinum status for its Opus Abstract product ranges in the Awards for Design Excellence (ADEX).
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Registration Opens for 2023 CARE Conference in Orlando
Dalton, GA, January 18, 2023--Registration is now open for CARE's 21st annual conference, being held April 25 to 26, 2023 at the Hyatt Regency Orlando International Airport Hotel in Florida.
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Bruce Jones Receives Inaugural Tom Jennings Champion Award
Dalton, GA, January 19, 2023--The World Floor Covering Association (WFCA) announces that Bruce Jones is the first recipient of the Tom Jennings Champion Award.
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Featured Video
Melissa Murphy Discusses Her Strategy for Continued Growth at Johnston Paint and Decorating
January 19, 2023—Melissa Murphy, a partner owner at Johnston Paint and Decorating, and Kemp Harr discuss the strategy behind their continued gro
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