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.
Arlington, VA, April 7, 2025”-Federal Reserve Chair Jerome Powell said the U. S. economy was likely to face a period of higher prices and weaker growth than seemed possible a few weeks ago because of larger-than-anticipated tariff hikes announced by President Trump,” reports the Wall Street Journal.
Washington, DC, April 7, 2025—The National Retail Federation today forecast that retail sales during 2025 will grow between 2.7% and 3.7% over 2024 to between $5.42 trillion and $5.48 trillion.
La Grange, GA, April 7, 2025—Resilient Floor Covering Institute (RFCI), the trade association for the resilient flooring industry, announces the addition of Performance Additives as a member.
Washington, DC, April 4, 2025-"Tariff impacts remain a fluid situation, making a definitive judgment on the impact hard,” reports Truist.
Sterling, VA, April 4, 2025-"President Trump directed the U.S. Department of Commerce to investigate how imports of wood products affect national security,” according to the Decorative Hardwoods Association.
Livonia, MI, April 4, 2025-Virginia Tile, a division of Transom Capital Group-backed Artivo Surfaces, has announced the sale of its woodworking products distribution business to Wilsonart Engineered Surfaces.
Washington, DC, April 4, 2025—Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported today.
Turnhout, Belgium, April 4, 2025—I4F, a group of companies providing patents and technologies to the flooring industry, has entered into a technology partnership agreement with PurChem Systems for its patented technologies, including SilentTouch and OneLayer.
Washington, DC, April 3, 2025-“U.S. President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish,” reports BBC.
Washington, DC, April 3, 2025—The goods and services deficit was $122.7 billion in February, down $8.0 billion from $130.7 billion in January, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.