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, May 18, 2022—Americans continued to pump money into the U.S. economy in April, with increased retail spending offering the latest sign consumers are driving demand at stores and manufacturers despite the pinch from high inflation, reports the Wall Street Journal.
Las Vegas, NV, May 18, 2022—Surfaces 2023 (The International Surfaces Event/TISE) will take place January 31 to February 2, 2023.
Atlanta, GA, May 17, 2022—The Home Depot reported sales of $38.9 billion for Q1 2022, an increase of 3.8% from Q1 2021’s $37.5 billion.
Wyandotte, MI, May 17, 2022—Effective June 1, or as contracts allow, BASF will increase prices for caprolactam and polyamide 6 (PA6) by $0.10 per pound in North America.
Lancaster, PA, May 17, 2022-Armstrong Flooring Inc. has secured $24 million in loans that will keep it operating as it reorganizes and pursues a sale of its assets, the company’s attorneys told a Delaware bankruptcy judge Monday, reports Lancaster Online.
Columbus, OH, May 17, 2022-Starnet Commercial Flooring reveals the 2022 Starnet Design Awards Grand Prize Winner.
Washington, DC, May 17, 2022-Advance estimates of U.S. retail and food services sales for April 2022 were $677.7 billion, an increase of 0.9% from the previous month and 8.2% above April 2021, according to the U.S. Census Bureau.
Washington, DC, May 17, 2022—Builder confidence in the market for newly built single-family homes fell eight points to 69 in May, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Washington, DC, May 17, 2022—The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,832.1 billion, up 1.8% from February 2022 and was up 14.1% from March 2021, according to the U.S. Census Bureau.
Washington, DC, May 17, 2022—In April, total industrial production increased 1.1%—the fourth consecutive month of gains of 0.8% or greater—and manufacturing output rose 0.8%, according to the Federal Reserve.