Consumer Prices Rose 2.4% in May
Washington, DC, June 11, 2025-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% on a seasonally adjusted basis in May, after rising 0.2% in April, the U.S. Bureau of Labor Statistics reported.
Today's Flooring News
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NAHB Study Highlights the Economic Impact of Labor Shortage
Washington, DC, June 11, 2025—A landmark study released from the Home Builders Institute (HBI), in collaboration with the National Association of Home Builders (NAHB), examines the economic impact of the skilled labor shortage for the single-family home building sector.
Mortgage Applications Rose 12.5% in Week Ending June 6
Washington, DC, June 11, 2025-Mortgage applications increased 12.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 6, 2025.
Springfield-Branson Airport Replacing 93,000 Square Feet of Flooring
Springfield, MO, June 11, 2025—"New flooring is going to be put down at the Springfield-Branson National Airport beginning late this summer. The carpet there now, meant to mimic the waterways of the Ozarks, has been in place since the terminal opened in 2009,” reports KSMU.
12th Annual HiP Award Winners Announced
Chicago, IL, June 10, 2025—Winners of the 12th annual HiP Awards were announced on June 8.
NFIB Small Business Optimism Rose 3 Points to 98.8 in May
Washington, DC, June 10, 2025—The NFIB Small Business Optimism Index increased by three points in May to 98.8, slightly above the 51-year average of 98.
Construction Backlog Indicator Fell to 8.4 Months in May
Washington, DC, June 10, 2025—The Construction Backlog Indicator fell to 8.4 months in May, according to an Associated Builders and Contractors (ABC) member survey conducted May 20 to June 3. The reading is up 0.1 months since May 2024.
Välinge Forms Partnership with Covestro
Viken, Sweden, June 10, 2025—In collaboration with Covestro, a producer of high-quality polymer materials, Välinge Innovation has developed a solution free from added formaldehyde and melamine.
The Dixie Group's Bill Waters to Retire
Dalton, GA, June 10, 2025—The Dixie Group (TDG) has announced that Bill Waters, senior vice president Central U.S., has announced his intention to retire at the end of July.
WFCA Promotes Sara Vineyard to VP of Finance
Dalton, GA, June 10, 2025—The World Floor Covering Association (WFCA) has announced the promotion of Sara Vineyard to vice president of finance.