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Industry News

Feds Probe Mohawk Over Investor Lawsuit

Chattanooga, TN, July 15, 2020-"Federal prosecutors have issued subpoenas to Mohawk Industries and its CEO Jeff Lorberbaum in an investigation of claims that the company improperly inflated sales and profits,” reports the Chattanooga Times Free Press.

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NAHB and NAR Partner to Launch Consumer-Facing Resource

Washington, DC, July 15, 2020-The National Association of Home Builders (NAHB) and the National Association of Realtors has launched a new joint initiative, Home Performance Counts, designed to help consumers better understand the rapidly growing high-performance home marketplace – homes that prioritize comfort, durability, wellness and affordability.

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Import Prices Rose 1.4% in June

Washington, DC, July 15, 2020—The price index for U.S. imports rose 1.4% in June, the U.S. Bureau of Labor Statistics reported, following a 0.8% increase in May.

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Consumer Prices Rose by 0.6% in June

Washington, DC, July 14, 2020-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in June on a seasonally adjusted basis after falling 0.1% in May, the U.S. Bureau of Labor Statistics reported.

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Recent Industry Events

Interviews

Kerrie Kelly Discusses Her Role as Chair Elect of ASID

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Ashlie Butler Discusses Bob's Carpet and Flooring's Business in Florida

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Geoff Gordon Discusses the Fuse Alliance Network of Commercial Flooring Contractors

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John Scheatzle Discusses His New Role as President of Tarkett's Residential Business

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Michelle Carpenter Discusses Shaw Contract's Advice for Virus Era School Flooring

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