| | | Apr 03, 2024 / The Right News Right When It Happens | | Top Story | | | | Millennials Now the Largest Group of Homebuyers | | Washington, DC, April 3, 2024—Millennials have surged ahead to become the largest group of homebuyers, marking a significant shift in the housing market's demographic landscape, according to the latest report from the National Association of Realtors. | | |
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| | Today's Flooring News | | | | Mortgage Applications Declined 0.6% in Week Ending March 29 | | Washington, DC, April 3, 2024—Mortgage applications decreased 0.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 29, 2024. | | |
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| | | | Ceramic Importer Pleads Guilty to False Country of Origin Claims | | Glen Ellyn, IL, April 3, 2024—"The U.S. Justice Department announced this week that it had accepted guilty pleas from an individual and corporate importer in Puerto Rico of ceramic tile for which they claimed the country of origin was Malaysia, when in fact the tile originated in China,” reports the Ceramic Tile Distributors Association. | | |
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| | | | Private Sector Employment Rose by 184,000 Jobs in March | | Roseland, NJ, April 3, 2024—Private sector employment increased by 184,000 jobs in March, and annual pay was up 5.1% year-over-year, according to the March ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab. | | |
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| | | Mapei & Mohawk to Sponsor Flooring Sustainability Summit | | Arlington, VA, April 3, 2024—Mapei and Mohawk Industries’ Daltile/Mohawk Group businesses have signed as headline sponsors of the Flooring Sustainability Summit, taking place July 17 to 18 in Washington, D.C. | | |
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| | | Flooring Industry Veteran Jim Waskin Has Died | | Chattanooga, TN, April 3, 2024-Jim Waskin, age 82, a 57-year veteran of the flooring business, died March 30. | | |
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| | | Illinois Flooring Retailers Opens Distribution Center | | Dieterich, IL, April 3, 2024—Fifth-generation, family-owned retailer Wright’s Furniture & Flooring officially opened its newest distribution center, reports Furniture Today. | | |
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| | | Tarkett Wins Two Atlanta Marketer of the Year Awards | | Solon, OH, April 3, 2024 — Tarkett earned two Atlanta Marketer of the Year (AMY) Awards on March 28. | | |
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| Featured Video | | | | Bob Pireu Discusses Bob & Pete's Success as Alliance Flooring Members | | April 3, 2024—Bob Pireu, owner of Bob & Pete’s Floors in Canton, Ohio, and Kemp Harr discuss this family-owned retail flooring store's | | |
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