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Jun 04, 2024 / The Right News Right When It Happens

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Buyers Compromising on Lot & Home Sizes to Achieve Ownership

Washington, DC, June 4, 2024—High mortgage rates and double-digit growth in home prices since Covid-19 are putting buyers in a position to compromise on lot sizes and shrink their square footage to buy a home they can afford, according to survey results from National Association of Home Builders’ (NAHB) What Home Buyers Really Want, 2024 Edition.

Today's Flooring News

Orders for Manufactured Goods Rose 0.7% in April

Washington, DC, June 4, 2024—New orders for manufactured goods in April, up three consecutive months, increased $4.3 billion or 0.7% to $588.2 billion, the U.S. Census Bureau reported.

Nonresidential Construction Spending Declined 0.3% in April

Washington, DC, June 4, 2024—National nonresidential construction spending decreased 0.3% in April, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.

Accents and Interiors Joins Starnet

Columbus, OH, June 4, 2024--Accents and Interiors, an Artisan Design Group Company, has joined Starnet.

Domotex Asia/Chinafloor Welcomed More than 83,000 to 2024 Expo

Shanghai, China, June 4, 2024—Domotex Asia/Chinafloor 2024 brought the worldwide flooring community together for the 26th time from May 28 to 30 at the Shanghai National Exhibition and Convention Centre (NECC).

LL Flooring Board Responds to Sullivan's Proxy Fight

Richmond, VA, June 4, 2024-In response to Tom Sullivan’s launch of a proxy fight at LL Flooring, which he founded as Lumber Liquidators, the LL Flooring board issued the following letter to shareholders:

NTCA Offers New Course with Insights from Jennifer Farrell

Jackson, MS, June 4, 2024-The National Tile Contractors Association (NTCA) has announced a new educational course titled "Tile Design Trends and Installation-What Every Industry Pro Should Know."

HMTX Names Simon Xia Chief Quality Officer

Norwalk, CT, June 4, 2024—HMTX has promoted Simon Xia to chief quality officer to oversee product quality across the HMTX family of companies.

Job Openings Steady at 8.1 Million in April

Washington, DC, June 4, 2024—The number of job openings changed little at 8.1 million on the last business day of April, the U.S. Bureau of Labor Statistics reported.

The Dixie Group Names Winners of George R. West, Jr. Scholarship

Dalton, GA, June 4, 2024—The Dixie Group has announced the 2024 recipients of the George R. West, Jr. Scholarship Award through the Dixie Group Foundation Inc.