Construction Spending Declined 0.3% in May
Washington, DC, July 1, 2025—Construction spending during May 2025 was estimated at a seasonally adjusted annual rate of $2,138.2 billion, 0.3% below the revised April estimate of $2,145.5 billion.
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.
Kentucky's Johnson & Company Flooring Lost to Fire
Louisville, KY, July 1, 2025-The fire broke out on June 30 at Johnson & Company Flooring in Eminence, Kentucky.
ISM Purchasing Managers' Index Rose to 49% in June
Tempe, AZ, July 1, 2025—The Manufacturing Purchasing Managers' Index (PMI) registered 49% in June, a 0.5-percentage point increase compared to the 48.5% recorded in May, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Job Openings Flat in May at 7.8 Million
Washington, DC, July 1, 2025—The number of job openings was little changed at 7.8 million in May, the U.S. Bureau of Labor Statistics reported.
NAFCT Names Scott Bohaker Executive Director
Gray Court, SC, July 1, 2025—The National Association of Floor Covering Technicians (NAFCT) has named Scott Bohaker executive director.
Construction Employment Rose YOY in May in 33 States & DC
Washington, DC, June 30, 2025-Seasonally adjusted construction employment rose from May 2024 to May 2025 in 33 states and the District of Columbia, declined in 16 states and was flat in Connecticut, according to AGC’s analysis of Bureau of Labor Statistics data.
Alliance Flooring Announces 2025 Award Winners at Convention
Park City, UT, June 30, 2025-The 28th annual Alliance Flooring Convention was held in Park City, Utah, at the Grand Hyatt Deer Valley, June 16 to 20.
Home Depot to Acquire Distributor GMS
Atlanta, GA, June 30, 2025-Home Depot announced today that it is buying GMS, a building-products distributor, for about $4.3 billion.
Victoria PLC, Owner of Cali, Refis Credit Facility
Leeds, UK, June 30, 2025-Victoria PLC has announced progress towards refinancing via a new £130m super senior credit facility, reports The Business Desk. Victoria PLC owns Cali.
FCITS to Hold Complete Inspector Certification Class in Toronto
Dalton, GA, June 30, 2025—Flooring Consultants and Inspection Training Services (FCITS), a division of the World Floor Covering Association (WFCA), is bringing its Complete Inspector Certification Class to Toronto, Canada, August 5 to 8.