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, August 1, 2022—Construction spending during June 2022 was estimated at a seasonally adjusted annual rate of $1,762.3 billion, 1.1% below the revised May estimate of $1,781.9 billion, according to the U.S. Census Bureau.
Washington, DC, August 1, 2022—U.S. imports of hardwood plywood have surged, though the growth rate is slowing overall, reports the Decorative Hardwoods Association.
Tempe, AZ, August 1, 2022—The July Manufacturing Purchasing Managers Index (PMI) registered 52.8%, down 0.2 percentage point from the reading of 53% in June, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Lancaster, PA, August 1, 2022-In a settlement filed July 29, Armstrong Flooring Inc. (AFI) agreed to pay $1 million to Armstrong World Industries (AWI) for the right to use to the Armstrong brand name.
Calhoun, GA, July 29, 2022-Mohawk Industries announced Q2 2022 net sales of $3.2 billion, an increase of 7% over Q2 2021’s $3.0 billion. For Q2 2022, net earnings were $280 million, a 17% decline compared to Q2 2021’s $336 million.
Ann Arbor, MI, July 29, 2022—Consumer sentiment rose 3% to 51.5 in July, according to final results from the University of Michigan’s Survey of Consumers.
Washington, DC, July 29, 2022-Mortgage rates fell after rising for two straight weeks, another indication that recession concerns are impacting the U.S. housing market, reports the Wall Street Journal.
Washington, DC, July 29, 2022-Personal income increased $133.5 billion (0.6%) in June, according to estimates released by the Bureau of Economic Analysis.
Los Angeles, CA, July 29, 2022-Bentley Mills has appointed Holly Holton as global director of sustainability.
Santa Fe Springs, CA, July 29, 2022 – Galleher announced a distribution partnership with New Zealand-based Portamix, manufacturer of the Hippo and Pelican lines of mixing equipment for self-leveling floor coating.