Personal Income Up 0.4% in July, Spending Up 0.5%
Washington, DC, August 29, 2025—Personal income increased $112.3 billion (0.4% at a monthly rate) in July, according to estimates released by the U.S. Bureau of Economic Analysis.
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.
Prices on Household Staples Expected to Rise
New York, NY, August 29, 2025-"U.S. companies have an unwelcome message for inflation-weary consumers: Prices are going up,” according to the Wall Street Journal.
Q2 2025 GDP Revised Up to 3.3% in Second Estimate
Washington, DC, August 28, 2025-Real gross domestic product (GDP) increased at an annual rate of 3.3% in Q2 2025 (April, May, and June), according to the second estimate released by the U.S. Bureau of Economic Analysis.
Engineered Floors Announces Price Increase on Imports & Domestics
Dalton, GA, August 28, 2025-Engineered Floors has announced an average price increase of 8% on imports and 5% on all domestically produced goods, for new orders placed September 22 and shipments October 6.
Bruski Named VP of Marketing & Design for Milliken Flooring Group
Spartanburg, SC, August 28, 2025-Allie Finkell Bruski has been named vice president of marketing and design for Milliken flooring group in the Americas.
Initial Jobless Claims Declined by 5,000 in Week Ending August 23
Washington, DC, August 28, 2025—In the week ending August 23, the advance figure for seasonally adjusted initial claims was 229,000, a decrease of 5,000 from the previous week's revised level, according to the Department of Labor.
NTCA Announces September Workshop & Training Schedule
Jackson, MS, August 27, 2025 — This September, the National Tile Contractors Association (NTCA) is hitting the road with 26 hands-on learning events in 19 states.
ASID Honors 50 Members in Celebration of 50th Anniversary
Washington, DC, August 28, 2025—In commemorating its 50th anniversary, ASID announced a special awards program designed to honor the individuals who embody the spirit of ASID and have significantly contributed to community.
Chuck Dettloff, Founder of Conventional Carpet, Has Died
Sterling Heights, MI, August 28, 2025-- Chuck Dettloff, 71, owner and founder of Conventional Carpet of Sterling Heights, Michigan died August 23.
Mortgage Applications Declined 0.5% in Week Ending August 22
Washington, DC, August 27, 2025-Mortgage applications decreased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 22, 2025.