WFB Briefs: Nonresidential Construction Spending Drops; Festool Gift Card Campaign

Sep 4, 2024

National nonresidential construction spending decreased 0.2% in July, with spending totaling $1.21 trillion on a seasonally adjusted annualized basis, according to an Associated Builders and Contractors analysis.

Festool is kicking off a gift card campaign to coincide with its recently launched Domino Kits. From Sept. 12 through Dec. 15, customers who purchase a Domino joining machine can receive a $30 gift card. Learn more about the campaign here.

Flooring Sustainability Summit Announces 2025 Keynote Speakers

March 21, 2025

Expert Tips for Prepping Wood Floors and Applying LED-Cured Oils

Expert Tips for Prepping Wood Floors and Applying LED-Cured Oils

Flooring Sustainability Summit Announces 2025 Keynote Speakers

Zillow: Lower Mortgage Rate Expected to Increase Home Sales, Purchases in March

Harvard: Home Remodeling Market Hit $611 Billion in 2022

Makita Releases XDefence XGT Communication Adapter

Makita’s XDefence XGT Communication Adapter is for use with XGT equipment to help deter theft, set use parameters and protect tool investments, the company says.

Makita’s XDefence XGT Communication Adapter

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Absco's Waterborne Line-up

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Absco's Waterborne Line-up

Flooring Sustainability Summit Announces 2025 Keynote Speakers

The Flooring Sustainability Summit, which will take place July 16–17 in Washington, DC, announced its keynote speakers.

Zillow: Lower Mortgage Rate Expected to Increase Home Sales, Purchases in March

Mortgage rates fell by about a quarter of a point over February, which could lead to increased home sales and purchases in March, according to a report from Zillow.

Harvard: Home Remodeling Market Hit $611 Billion in 2022

The U.S. home remodeling market went from $404 billion in 2019 to $611 billion in 2022, according to a report from the Harvard Joint Center for Housing Studies.

Single-Family Existing-Home Sales Increased 5.7% in February

Single-family existing-home sales increased 5.7% from January to February to a seasonally adjusted annual rate of 3.89 million, down 0.3% from February 2024, according to the National Association of Realtors.

ABC: Government Apprenticeships Programs Don’t Meet Construction Workforce Needs

Federal and state government-registered apprenticeship programs are failing to meet the construction industry’s short- and long-term skilled workforce development needs, according to an Associated Builders and Contractors analysis.

Builder Confidence Hits Lowest Level in Seven Months

Builder confidence for newly built single-family homes fell to 39 in March, down three points from February and the lowest level in seven months, according to the National Association of Home Builders/Wells Fargo Housing Market Index.

Single-Family Housing Starts Up 11.4% in February

Single-family starts increased 11.4% from January to February to a 1.11 million seasonally adjusted annual rate, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Canadian Housing Starts Down 4% in February

Canada’s housing starts decreased 4% from January to February to a seasonally adjusted rate of 229,030 units, according to the Canada Mortgage and Housing Corporation.

Bjelin Consolidates Companies into Bjelin Group, Names Fredrik Alfredsson CEO

Bjelin is consolidating seven companies under the Bjelin Group to streamline development and production across floors, furniture and veneers.

Fredrik Alfredsson

ATWF Podcast: Brad Rushing Discusses Being a Retailer in a Luxury Florida Market

On the latest episode of WFB’s All Things Wood Floor podcast, host Stephen Diggins speaks with Brad Rushing of North Palm Beach, Fla.-based California Designs about what it is like being a retailer in one of Florida’s luxury markets.

Ep48 Brad Rushing Promos E News

Cali Launches Varietals Flooring Collection

Cali’s Varietals prefinished flooring collection features a range of ash, acacia, hickory, and maple species with a clear matte finish.

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