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.

Distributive Trade Sales & Manu. Shipments Rose 8.4% in May

Distributive Trade Sales & Manu. Shipments Rose 8.4% in May

Washington, DC, July 16, 2020—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,284.3 billion, up 8.4% from April 2020, but was down 11.8% from May 2019, according to the U.S. Census Bureau.

Jobless Claims Rose by 1.3M in Second Week of July

Jobless Claims Rose by 1.3M in Second Week of July

Washington, DC, July 16, 2020-In the week ending July 11, the advance figure for seasonally adjusted initial claims was 1,300,000, a decrease of 10,000 from the previous week's revised level, reports the Department of Labor.

Feds Probe Mohawk Over Investor Lawsuit

Feds Probe Mohawk Over Investor Lawsuit

Chattanooga, TN, July 15, 2020-"Federal prosecutors have issued subpoenas to Mohawk Industries and its CEO Jeff Lorberbaum in an investigation of claims that the company improperly inflated sales and profits,” reports the Chattanooga Times Free Press.

NAHB and NAR Partner to Launch Consumer-Facing Resource

NAHB and NAR Partner to Launch Consumer-Facing Resource

Washington, DC, July 15, 2020-The National Association of Home Builders (NAHB) and the National Association of Realtors have launched a new joint initiative, Home Performance Counts, designed to help consumers better understand the rapidly growing high-performance home marketplace – homes that prioritize comfort, durability, wellness and affordability.