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.

Mohawk Sales Up 9.4% in Q3, Earnings Up 32%

Mohawk Sales Up 9.4% in Q3, Earnings Up 32%

Calhoun, GA, October 29, 2021-Mohawk Industries announced Q3 2021 net earnings of $271 million, a 32% increase compared to $205 million in Q3 2020. Net sales for Q3 2021 were $2.8 billion, up 9.4% compared to $2.6 billion in Q3 2020.

Forbo Announces Commercial Price Increase

Forbo Announces Commercial Price Increase

Hazleton, PA, October 29, 2021—Due to the well-publicized increases in transportation costs, Forbo Flooring Systems announces an increase in its shipping and handling surcharge to 2.6% to 2.8%, effective with all U.S. and Canadian commercial orders placed on or after November 1.

GDP Rose 2.0% in Q3

GDP Rose 2.0% in Q3

Washington, DC, October 28, 2021-Real gross domestic product (GDP) increased at an annual rate of 2.0% in Q3 2021, according to the advance estimate released by the Bureau of Economic Analysis.

Pending Home Sales Slid 2.3% in September

Pending Home Sales Slid 2.3% in September

Washington, DC, October 28, 2021—The Pending Home Sales Index (PHSI) decreased 2.3% to 116.7 in September, according to the National Association of Realtors. Year-over-year, signings decreased 8.0%. An index of 100 is equal to the level of contract activity in 2001.

Flooring Winners of 2021 Nightingale Awards Named

Flooring Winners of 2021 Nightingale Awards Named

Cleveland, OH, October 28, 2021—The winners of The Nightingale Awards 2021 have been named by Healthcare Design magazine in partnership with the Center for Health Design and The Healthcare Design Expo + Conference.

Forbo Implements Shipping & Handling Surcharge

Forbo Implements Shipping & Handling Surcharge

Hazleton, PA, October 28, 2021—Due to increases in transportation costs, Forbo Flooring Systems announces an increase in its shipping and handling surcharge, effective with all orders placed on or after November 1, 2021.