Flooring News
Keep up to date with the most recent flooring news and happenings in the flooring industry. Today’s News…As it happens! We update this news several times a day so you can stay connected.
Trade Deficit Widened by $23 Billion in May
Washington, DC, July 7, 2026—The goods and services deficit was $77.6 billion in May, up $23.0 billion from $54.6 billion in April, revised, the U.S. Census Bureau…Truist Releases Earnings Expectations for Q2 2026
Charlotte, NC, July 7, 2026—”Our group enters 2Q26 earnings expecting results to reflect weak residential construction and remodeling activity. However, we do not believe R&R trends worsened…Top Ten Builders Accounted for 43.6% of Single-Family Closings in 2025
Washington, DC, July 7, 2026—The top ten builders accounted for 43.6% of all new U.S. single-family home closings in 2025, down 1.2 percentage points from 2024 (44.8%),…Construction Industry Added 11,000 Jobs in June
Washington, DC, July 6, 2026—The construction industry added 11,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the…Luxury Home Prices Rising Faster Than Non-Luxury
Seattle, WA, July 6, 2026– The median U.S. luxury home sale price rose 4.7% year over year to $1.37 million during the three months ending May 31—more than…Tarkett Home Forms Partnership with Buckwold Western
Solon, OH, July 6, 2026—Tarkett Home has reaffirmed its commitment to sheet vinyl through a new distribution partnership with Buckwold Western Ltd., bringing its Canadian-made residential sheet…Nonresidential Construction Continues to Outpace Residential
Washington, DC, July 2, 2026—Nonresidential construction spending remained a bright spot in May, with activity continuing to outperform the residential sector, according to a new analysis from…Initial Jobless Claims Declined by 1K in Week Ending June 27
Washington, DC, July 2, 2026—In the week ending June 27, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 1,000 from the previous…Selit North America Announces Shift in Ownership
Commerce, GA, July 1, 2026—Split North America, the largest producer of attached pad in North America, has announced a change in its ownership structure that the company.Nonfarm Employment Rose by 57K in June, Unemployment Virtually Flat
Washington, DC, July 2, 2026—Both total nonfarm payroll employment increased by 57,000, and the unemployment rate changed little at 4.2% in June, the U.S. Bureau of Labor…
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