Imports Prices Rose 0.2% in June, Export Prices Rose 0.7%
Washington, DC, July 15, 2022—Prices for U.S. imports increased 0.2% in June following a 0.5% advance the previous month, the U.S. Bureau of Labor Statistics reported.
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.
Industrial Production Declined 0.2% in June, But Rose 6.1% in Q2
Washington, DC, July 15, 2022—Total industrial production moved down 0.2% in June but advanced at an annual rate of 6.1% for the second quarter as a whole, according to the Federal Reserve.
Galleher Forms Distribution Partnership with Interfloor
Santa Fe Springs, California, July 14, 2022 – Floording distributor Galleher announced a distribution partnership with U.K.-based Interfloor, manufacturer of the Duralay line of durable underlay products.
Real American Hardwood Coalition Launches Consumer-Facing Site
St. Louis, MO, July 15, 2022-The Real American Hardwood Coalition, a domestic promotion initiative for real American hardwood products, has launched a website at http://RealAmericanHardwood.com, designed to inspire and education consumers.
Distributive Trade Sales & Manu. Shipments Rose 14.4% YOY in May
Washington, DC, July 15, 2022—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,829.1 billion, up 0.7% from April 2022 and was up 14.4% from May 2021, according to the U.S. Census Bureau.
AHF Only Non-Liquidating Buyer for Armstrong's North American Assets
Lancaster, PA, July 14, 2022-AHF was the only non-liquidating buyer for Armstrong Flooring's North America assets
Producer Prices Rose 1.1% in June
Washington, DC, July 14, 2022—The Producer Price Index for final demand increased 1.1% in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9% in May and 0.4% in April.
I4F & Hymmen Receive U.S. Patents for Digital Printing Technologies
Hamont, Belgium, July 14, 2022—I4F and Hymmen have received notices of allowance from the U.S. Patent and Trademark Office issued for the grant of two new Hymmen U.S. patents.
Atlas Concorde Investing in Slab Production in Italy
Fiorano Modenese, IT, July 14, 2022—Atlas Concorde announces an investment for the expansion of the Finale Emilia facility with a new line dedicated to the production of large porcelain slabs.
Q2 Remodeling Confidence Index Posts 10 Point Decline YOY
Washington, DC, July 14, 2022-The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 77, declining ten points compared to the second quarter of 2021.