Breaking Flooring News

Fed Pauses on Rate Cut Due to Uncertainty of Tariffs

Fed Pauses on Rate Cut Due to Uncertainty of Tariffs

New York, NY, May 8, 2025-"The Federal Reserve warned that tariffs were raising risks of higher unemployment and higher inflation when officials unanimously agreed to hold interest rates steady on Wednesday,” reports the Wall Street Journal.

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Industry News

Dodge Momentum Index Rose 0.9% in April

Boston, MA, May 8, 2025-The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 0.9% in April to 205.1 (2000=100) from the downwardly revised March reading of 203.1. Over the month, commercial planning grew 3.3% while institutional planning fell 4.2%.

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Multifamily Builder Confidence Declined in Q1

Washington, DC, May 8, 2025-Confidence in the market for new multifamily housing declined year-over-year in Q1, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices.

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80% of Metro Markets Had Home Price Increases in Q1

Washington, DC, May 8, 2025-More than 80% of metro markets (189 out of 228, or 83%) registered home price gains in the first quarter of 2025, as the 30-year fixed mortgage rate ranged from 6.63% to 7.04%, according to the National Association of Realtors' latest quarterly report.

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I4F Forms Partnership with Milat Floor

Turnhout, Belgium, May 6, 2025—Milat Floor, a subsidiary of top-ranked Turkish company Milat Carpet, has finalized a licensing agreement with I4F to implement its drop-lock technology across its new SPC product collections.

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Recent Industry Events

Interviews

Ian Newton Discusses Highlights of NFA Spring Meeting in Florida

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Scott Humphrey Discusses the WFCA's Key Initiatives For 2025

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Benjamin Liebert Discusses Shaw's Strategy to Minimize Tariff Impact

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Hector Narvaez Discusses Stonepeak's Sustainability and Product Differentiation

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Joe Lundgren Discusses Tariffs and Tile Trends from Coverings 2025

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