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, April 10, 2025—The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q1, posting a reading of 63, down five points compared to the previous quarter.
Boston, MA, April 10, 2025-The Dodge Momentum Index (DMI), issued by Dodge Construction Network, receded 6.9% in March to 205.6 (2000=100) from the revised February reading of 220.9. Over the month, commercial planning declined 7.8% while institutional planning fell 5.0%.
New York, NY, April 10, 2025—"The U.S. goods trade deficit was $1.2 trillion in 2024, leading President Trump to announce a broad 10% tariff on nearly every nation and higher ‘reciprocal tariffs’ on countries he cited as ‘bad actors’ as a strategy to narrow the gap,” reports the Wall Street Journal.
Washington, DC, April 10, 2025—In the week ending April 5, the advance figure for seasonally adjusted initial claims was 223,000, an increase of 4,000 from the previous week's unrevised level of 219,000, according to the Department of Labor.
Commerce, GA, April 10, 2025—Pak-Lite, Inc., a U.S.-based manufacturer of flooring surface materials, has announced the addition of DuBoise White as president and CEO.
Shanghai, China, April 10, 2025—The exhibitor list of Domotex Asia/Chinafloor 2025, scheduled to take place in Shanghai from May 26 to 28, is now available online here.
New York, NY, April 9, 2025—Total U.S. imports of ceramic tile in the first two months of the year were about 30 million square meters, an increase of 13.9% from the previous year when imports were 26.3 million square meters. The increase was due to imports from Spain (+43%), Italy (+16%), Mexico (+8.6), and Vietnam (+76%).
Van Nuys, CA, April 9, 2025-DFS Flooring has acquired the assets of The Works, Floor & Wall, a privately owned, full-service commercial flooring enterprise located in Palm Desert, California.
Washington, DC, April 9, 2025-Mortgage applications increased 20.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 4, 2025.
Washington, DC, April 9, 2025—Americans spent an estimated $603 billion on home remodeling projects in 2024, according to the National Association of Realtors and National Association of the Remodeling Industry’s 2025 Remodeling Impact Report