| | | Apr 16, 2024 / The Right News Right When It Happens | | Top Story | | | | Housing Starts Declined 14.7% in March, Down 4.3% YOY | | Washington, DC, April 16, 2024- Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,321,000, 14.7% below the revised February estimate of 1,549,000 and is 4.3% below the March 2023 rate of 1,380,000, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | Industrial Production Rose 0.4% in March | | Washington, DC, April 16, 2024—Industrial production rose 0.4% in March but declined at an annual rate of 1.8% in Q1, according to the Federal Reserve. | | |
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| | | | CP Build Acquires Precision Carpentry and Design | | Salt Lake City, April 16, 2024—CP Build Enterprises, an interior subcontractor specializing in large multi-family and commercial projects, announced the acquisition of Precision Carpentry and Design, based in Phoenix, Arizona. | | |
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| | | | Unilin Forms Partnership with Centexbel | | Waregem, Belgium, April 16, 2024—Unilin announces its partnership with Centexbel, a pioneer in biobased polymer research. | | |
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| | | Elizabeth Lambert Named NTCA 2024 Tile Person of the Year | | Jackson, MS, April 16, 2024-The National Tile Contractors Association (NTCA) has announced that Elizabeth Lambert, co-owner of Lambert Tile and Stone in Eagle, Colorado, as the recipient of the 2024 Tile Person of the Year Award. | | |
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| | | National Apartment Rent Rises to $1,987 in March | | Atlanta, GA, April 16, 2024-The national median price of an apartment in March was $1,987, according to Rent.com. | | |
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| | | XL Brands Chooses BPI as Southwestern Distributor | | Wauwatosa, WI, April 16, 2024-XL Brands, a provider of professional flooring adhesive solutions, is now available for purchase through BPI. | | |
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| | | Wall Street Hoping OPEC Will Keep Oil Prices Under $100/Barrel | | New York, NY, April 16, 2024-"The specter of a widening war in the Middle East has put $100-a-barrel oil back on the table,” reports the Wall Street Journal. “But Wall Street is looking elsewhere in the region for hints about how high prices could go. | | |
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| | | RM Interiors Expands into Kansas City | | Kansas City, MO, April 16, 2024—RM Interiors (RMI Flooring), a flooring installation company, has announced its expansion into Kansas City. | | |
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| | | Latricrete to Sponsor Turner Motorsport SRO GT World Challenge | | Bethany, CT, April 16, 2024-Laticrete and Turner Motorsport have announced a new partnership for the upcoming 2024 SRO GT World Challenge, with Laticrete serving as the primary sponsor for the #29 BMW M4 GT3 co-driven by Justin Rothberg and Robby Foley. | | |
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