U.S. and Vietnam Reach Tariff Agreement
New York, NY, July 3, 2025-The U.S. and Vietnam have struck a tariff deal that will see American goods enter Vietnam duty-free, President Trump announced Wednesday, reports the Wall Street Journal.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Trade Deficit Rose by $11.3 Billion in May
Washington, DC, July 3, 2025—The goods and services deficit was $71.5 billion in May, up $11.3 billion from $60.3 billion in April, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Employment Rose by 147,000 in June, Unemployment Flat at 4.1%
Washington, DC, July 3, 2025-Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1%, the U.S. Bureau of Labor Statistics reported today.
PureCycle Forms Partnership with Emerald Carpets
Orlando, FL, July 3, 2025—PureCycle Technologies, a U.S.-based company specializing in plastic recycling, has announced a partnership with Emerald Carpets, a producer of trade show carpets.
Stonepeak Earns Organizational Carbon Footprint Validation
Crossville, TN, July 3, 2025—Stonepeak has achieved the Organizational Carbon Footprint Validation ISO 14064-1, one of the first companies in the U.S. flooring industry to earn this distinction, according to the company.
Factory Orders Rose 8.2% in May
Washington, DC, July 3, 2025-New orders for manufactured goods in May, up five of the last six months, increased $48.5 billion or 8.2% to $642.0 billion, the U.S. Census Bureau reported.
Daltile Manufacturers 500 Million Square Feet of Tile in U.S.
Dallas, TX, July 3, 2025-Spanning over seven decades of domestic production, Daltile serves the market today as the nation’s largest manufacturer and marketer of tile for both residential and commercial use, manufacturing 500 million square feet of tile products in its nine U.S. plants annually.
May Construction Job Openings Up 3K from April, Down 130K YOY
Washington, DC, July 2, 2025—The construction industry had 245,000 job openings on the last day of May, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Mannington Celebrating 110 Years of Business
Adairsville, GA, July 2, 2025-Celebrating 110 years of business, Mannington brought the ownership family together the last weekend in June at Barnsley Gardens in Adairsville, Georgia.
Mortgage Applications Rose 2.7% in Week Ending June 27
Washington, DC, July 2, 2025-Mortgage applications increased 2.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 27, 2025.