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.
Washington, DC, August 17, 2021—Higher construction costs and supply shortages along with rising home prices pushed builder confidence to its lowest reading since July 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder sentiment in the market for newly built single-family homes fell five points to 75 in August.
Washington, DC, August 17, 2021—Advance estimates of U.S. retail and food services sales for July 2021 were $617.7 billion, a decrease of 1.1% from the previous month, but 15.8% above July 2020, according to the U.S. Census Bureau.
Washington, DC, August 17, 2021—Industrial production increased 0.9% in July after moving up 0.2% in June, according to the Federal Reserve.
Washington, DC, August 17, 2021—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,640.8 billion, up 1.4% from May 2021 and was up 19.9% from June 2020.
Dalton, GA August 16, 2021-American OEM, based in Burns, Tennessee, has been acquired by AHF Products of Mountville, Pennsylvania.
Chicago, IL, August 16, 2021- Diverzify is adding Flooring Solutions to its network of commercial facility service providers.
Calhoun, GA, August 16, 2021—Mannington Commercial is on the road through October 27. The Mannington Mobile Showroom is on a 13-week tour, hitting destinations around the country.
Hamilton, NJ, August 16, 2021—The Dodge Momentum Index fell to 155.8 (2000=100) in July, a 6% decline from the revised June reading of 164.9, according to The Momentum Index, issued by Dodge Data & Analytics.
Washington, DC, August 16, 2021—Materials costs continued to outstrip bid prices in the 12 months ending in July despite a recent drop in lumber and copper prices, reports Associated General Contractors of America.
Ann Arbor, MI, August 13, 2021—Consumer sentiment slid 13.5% to 70.2 in early August, according to the University of Michigan Survey of Consumers.