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.
New York, NY, August 18, 2025-One-third of U.S. economy’s are in recession, one-third are treading water and one-third are expanding, reports Mark Zandi, chief economist at Moody’s Analytics.
Chattanooga, TN, August 18, 2025-Happy birthday to Mr. Bob Shaw, who turns 94 today.
Portsmouth, NH, August 18, 2025—Lodging Econometrics' (LE's) Q2 2025 Hotel Construction Pipeline Trend Report states that the total pipeline ascended to a record-high 15,871 projects with 2,436,225 rooms, up 3% by projects and 2% by rooms year-over-year (YOY).
Alpharetta, GA, August 18, 2025-Stone Source, a Paramount Global Surfaces (PGS) company and provider of high-quality natural stone, porcelain, ceramic tile, and engineered surfaces, has announced the appointment of Christi Comella Hitch as executive vice president.
Bonita Springs, FL, August 18, 2025-Abbey Carpet & Floor and Floors To Go announce the appointment of Paul Dominie as regional vice president of franchise development.
Ann Arbor, MI, August 15, 2025—Consumer sentiment declined 5% to 58.6 in early August, according to preliminary results from the University of Michigan Survey of Consumers.
New York, NY, August 15, 2025-"Americans are stuck in place,” reports the Wall Street Journal.
Washington, DC, August 15, 2025—Advance estimates of U.S. retail and food services sales for July 2025 were $726.3 billion, up 0.5% from the previous month and up 3.9% from July 2024, according to the U.S. Census Bureau.
Washington, DC, August 15, 2025—U.S. import prices increased 0.4% in July, the U.S. Bureau of Labor Statistics reported, following a 0.1% decrease in June.
Washington, DC, August 15, 2025—Industrial production (IP) edged down 0.1% in July, according to the Federal Reserve.