Floordaily

Nov 22, 2024 / The Right News Right When It Happens

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Construction Starts Rose 4% in October on Commercial Strength

Bedford, MA, November 22, 2024—Total construction starts increased 4% in October to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network.

Today's Flooring News

Consumer Sentiment Rose 1.8% to 71.8 in November

Ann Arbor, MI, November 22, 2024—Consumer sentiment rose 1.8% to 71.8 in November, according to final results from the University of Michigan Survey of Consumers.

Container Rates Down Despite Buying Ahead of Trump Tariffs

London, UK, November 22, 2024—"Spot ocean container rates fell 1% this week to an average of $3,413 per 40-foot container, according to rate tracker Drewry. Rates have been falling more or less since July, despite a 4% spike seen two weeks ago,” reports Furniture Today.

Hurricane Helene Caused $213M in Damage to NC Forests

Washington, DC, November 22, 2024—The North Carolina Forest Service reported that Hurricane Helene caused more than $213 million of damage to western North Carolina forests across more than 800,000 acres and in 17 counties, according to the Decorative Hardwoods Association.

Schattdecor Starts Hotmelt Adhesive Production Line in SC

Lexington, SC, November 22, 2024—Schattdecor announced the startup of its Hotmelt Adhesive production line in Lexington, South Carolina.

Rick Shane, Owner of Bestflor Distributors, Has Died

Hartford, CT, November 22, 2024-Richard (Rick) Shane, owner of Bestflor Distributors, has died.