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.

Manufacturing Index Recorded Expansion in August

Manufacturing Index Recorded Expansion in August

Tempe, AZ, September 1, 2021—The August Manufacturing PMI registered 59.9%, an increase of 0.4 percentage point from the July reading of 59.5%, according to the latest Manufacturing ISM Report On Business.

Mr. David's Pleads Guilty in Bid Rigging Scheme from 2013 to 2018

Mr. David's Pleads Guilty in Bid Rigging Scheme from 2013 to 2018

Washington, DC, August 31, 2021-Mr. David’s Flooring International, a Chicago-based commercial flooring contractor, pleaded guilty after being charged for its role in a long-running conspiracy to rig bids and fix prices for commercial flooring products and services, and for its role in a money laundering conspiracy involving kickbacks, reports the United States Department of Justice.

Home Prices Rose 18.6% in June, Says Case-Shiller

Home Prices Rose 18.6% in June, Says Case-Shiller

New York, NY, August 31, 2021-Home prices made a 18.6% annual gain in June, up from 16.8% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.

Pending Homes Sales Inched Down 1.8% in July

Pending Homes Sales Inched Down 1.8% in July

Washington, DC, August 30, 2021-The Pending Home Sales Index (PHSI) declined 1.8% to 110.7 in July, according to the National Association of Realtors. Year-over-year, signings fell 8.5%. An index of 100 is equal to the level of contract activity in 2001.