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May 17, 2023 / The Right News Right When It Happens

Top Story

April Housing Starts Up 2.2% from March but Down 22.3% YOY

Washington, DC, May 17, 2023—Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,401,000, 2.2% above the revised March estimate of 1,371,000 but 22.3% below the April 2022 rate of 1,803,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Today's Flooring News

NFA Adds Jordans Flooring as a Member

Cincinnati, OH, May 17, 2023-The National Floorcovering Alliance (NFA) has added a new member: Jordans Flooring.

Shaw Promotes Knowles and West to New Roles

Cartersville, GA, May 17, 2023—Shaw Industries announces two key leadership changes to further strengthen the company's commercial division; Brenda Knowles has been named vice president of commercial customer experience, and Jeff West has been named vice president of commercial marketing and product development.

HMTX Names Gao as Director, Global Sustainability & Quality Assurance

Norwalk, CT, May 17, 2023—HMTX Industries announced the promotion of Lin Gao to director, global sustainability & quality assurance.

B.I.G. Yarns Rolls Out SustainableYarns Platform

Wielsbeke, Belgium, May 17, 2023—B.I.G. Yarns has unveiled its new “SustainableYarns” platform at Clerkenwell Design Week.

The Post-Covid Return to Office Has Stalled

New York, NY, May 17, 2023—"When average city office-occupancy rates at the start of the year surpassed 50% for the first time during the pandemic, many landlords viewed this milestone as a sign that employees were finally resuming their former work habits,” reports the Wall Street Journal.

Mortgage Applications Declined 5.7% in Week Ending May 12

Washington, DC, May 17, 2023—Mortgage applications decreased 5.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 12, 2023.