| | | Jan 24, 2025 / The Right News Right When It Happens | | Top Story | | | | Existing-Home Sales Rose 2.2% in December | | Washington, DC, January 24, 2025—Total existing-home sales elevated 2.2% from November to a seasonally adjusted annual rate of 4.24 million in December, according to the National Association of Realtors. | | |
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| | Today's Flooring News | | | | Consumer Sentiment Declined 3.9% in January | | Ann Arbor, MI, January 24, 2025—Consumer sentiment declined 3.9% to 71.1 in January, according to final results from the University of Michigan Survey of Consumers. | | |
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| | | | Imports of Hardwood Flooring Up 24% in November | | Sterling, VA, January 24, 2025—U.S. imports of hardwood flooring grew by 24% in November with strong gains in imports from Malaysia and Brazil, according to the Decorative Hardwoods Association. | | |
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| | | | Construction Industry Needs 439,000 New Workers in 2025 | | Washington, DC, January 24, 2025—The construction industry will need to attract an estimated 439,000 net new workers in 2025 to meet anticipated demand for construction services, according to a proprietary model developed and released by Associated Builders and Contractors | | |
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| | | Nox Signs Memorandum of Understanding with BASF ChemCycling | | Fostoria, OH, January 24, 2025-Nox Corporation, a luxury vinyl tile (LVT) flooring producer, has signed a Memorandum of Understanding (MoU) with BASF Corporation, a global chemical company, to reduce virgin fossil use and enhance resource circularity in the flooring industry. | | |
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| | | Välinge Settles with TriForest and Vancouver Mouldings & Floors | | Viken, Sweden, January 24, 2025—Välinge Innovation has recently entered into confidential settlement agreements for an undisclosed amount of monetary compensation with Canadian flooring manufacturers and distributors Triforest Inc., Triforest Manufacturer Inc. and the Canadian retail entity Vancouver Mouldings & Floors Inc. | | |
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| | | Adams Named President of Evolutions Floors & New Space Flooring | | San Francisco, CA, January 24, 2025—Zachary Adams joined Evolutions Floors and New Space Flooring as president at the beginning of 2025. | | |
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| | | Steve Abernathy Retires from WFCA | | Dalton, GA, January 24, 2025—The World Floor Covering Association (WFCA) announces the retirement of chief operating officer (COO) Steve Abernathy, effective December 31, 2024. | | |
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| Featured Video | | | | Mindy Lawley Discusses the Highlights of Shaw's SFN Convention | | January 24, 2025—Mindy Lawley, CEO of Brian’s Flooring and Design, and Kemp Harr discuss Mindy’s 4-store dealer operation in Birming | | |
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