U.S. Picks Up Trade Talks With China Next Week
Washington, DC, July 24, 2019—A U.S. delegation is scheduled to travel to China for trade talks next week, according to a senior administration official.
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.
Tarkett NA Reports Double-Digit Revenue Growth Due to Lexmark Acquisition
Paris, FR, July 24, 2019-Tarkett's North American segment reported net revenues up 13.4% in H1 2019, as Lexmark acquisition and a positive foreign exchange effect fully covered the 3.4% revenue decline on a like-for-like basis.
New Home Sales for June 2019 Rose 4.5% YOY
Washington, DC, July 24, 2019—Sales of new single-family houses in June 2019 were at a seasonally adjusted annual rate of 646,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
Chinese Tile imports Down 24.2% in First 5 Months of 2019
Washington, DC, July 24, 2019—According to the most recent U.S. import statistics showing data from January to May, Chinese tile imports were down 24.2% in units-the largest drop of any other country on the list.
FEI Group National Conference Location Announced
Marietta, GA, July 24, 2019—FEI Group, parent company to Home Solutions and MultiFamily Solutions, will host its 21st National Conference in Ponte Vedra Beach, Florida October 16-18 at the famed Marriott Sawgrass Golf Resort & Spa.
Intex Flooring Joins Fuse Alliance
Houston, TX, July 24, 2019—Intex Flooring has joined Fuse Alliance as a new member.
Carpet One Floor & Home Contribution to American Veterans Foundation Exceeds $1 Million
Manchester, NH, July 24, 2019—During Thursday’s General Session presentation, Theresa Fisher, SVP of Store Design and Visual Merchandising, announced that the total contribution to the Stephen Siller Tunnel to Towers Foundation by Carpet One Floor & Home to date has exceeded $1.1 million.
German Tile Used in Chicago Craft Brewery Floor
Chicago, IL, July 24, 2019—Argelith ceramic vitrified tiles resist heavy loads, can sustain sharp impacts, are chemical resistant and nonabsorbant, and provide a clean aesthetic, making the product the ideal choice for Hopewell Brewing.
Existing-Home Sales Down 1.7% in June
Washington, DC, July 23, 2019—Existing-home sales weakened in June, as total sales saw a small decline after a previous month of gains, according to the National Association of Realtors.
25% Tariff on Chinese Flooring Imports Still in Effect
July 23, 2019—Despite confusing news coverage from one of the industry’s newspapers, the 25% tariff on imported floorcovering products from China remains in effect.