Chao and her team will play a vital role in defining the organization’s strategic roadmap for both organic and inorganic growth, ensuring alignment with HMTX’s business units and functional groups.
October housing starts fell to 1.31 million units annually, with single-family starts down 6.9% but up 9.3% year-to-date. Despite rising mortgage rates, builders remain positive about 2025's outlook, anticipating regulatory improvements and Federal Reserve interest rate cuts to boost construction activity.
Builder confidence increased to 46 in November, marking the third consecutive monthly gain. While optimism grows over potential Republican regulatory relief, challenges persist, including labor shortages, lot availability, and elevated material prices. Price cuts remained steady at 31% of builders, with average reductions of 5%.
In a challenge brought by Bissell Homecare, Inc., BBB National Programs’ National Advertising Division recommended that SharkNinja Operating, LLC discontinue the claim “The Best Deep Carpet Cleaning Among Full-Sized Deep Carpet Cleaners** Based on ASTM F2828 vs. full-sized carpet cleaners above 14 lbs.”
The World Floor Covering Association (WFCA) has released an analysis of potential policy changes the floorcovering industry could anticipate with President-Elect Donald Trump's new Administration.
At this year's BDNY show, Obeetee displayed its Terra Collection, showcasing a blend of timeless traditional techniques with a contemporary design sensibility. Additionally, the company offers hospitality clients an end-to-end, collaborative product development experience.
The National Floorcovering Alliance (NFA) has expanded its membership with the addition of USA Flooring, a second-generation family business operating five locations across North Carolina.
Women in the Floorcovering Industry (WIFI) continues its professional development initiative with an upcoming virtual session focused on innovative networking strategies.
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