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.

NWFA Reports on 2021 Wood Flooring Expo

NWFA Reports on 2021 Wood Flooring Expo

St. Louis, MO, July 19, 2021—The National Wood Flooring Association's (NWFA) 2021 Wood Flooring Expo, held July 7-9 in Orlando, Florida, at the Orange County Convention Center, welcomed 2,500 attendees for in-person networking opportunities, more than 20 speakers and a wide variety of education sessions.

NAHB Remodeling Index Rose to 87 in Q2

NAHB Remodeling Index Rose to 87 in Q2

Washington, DC, July 16, 2021-The National Association of Home Builders (NAHB) released its NAHB/Royal Building Products Remodeling Market Index (RMI) for the second quarter, posting a reading of 87, up 14 points from the second quarter of 2020.

CCA Global Announces Details of Summer Convention

CCA Global Announces Details of Summer Convention

Manchester, NH, July 16, 2021-CCA Global is gearing up for a summer convention that will not only mark a shift for the company-as Carpet One Floor & Home, Flooring America, Flooring Canada, The Floor Trader, and International Design Guild (IDG) members meet together for the first time-but also unveil new digital technology, marketing and merchandising to help all members position themselves to exceed the future demands of their consumers.

Retail Sales Rose 0.6% in June, 18% YOY

Retail Sales Rose 0.6% in June, 18% YOY

Washington, DC, July 16, 2021—Advance estimates of U.S. retail and food services sales for June 2021 were $621.3 billion, an increase of 0.6% from the previous month and 18.0% above June 2020.

Distributive Trade Sales Slid 0.3% in May

Distributive Trade Sales Slid 0.3% in May

Washington, DC, July 16, 2021—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,615.9 billion, down 0.3% from April 2021, but was up 28.7% from May 2020, according to the U.S. Census Bureau.

Remodel Market Will Continue to Strengthen in Second Half of 2021

Remodel Market Will Continue to Strengthen in Second Half of 2021

Cambridge, MA, July 15, 2021—Annual gains in homeowner improvement and maintenance spending are set to accelerate in the second half of the year and remain elevated through mid-year 2022, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Federal Reserve Expects Inflation to Ease, Says Jerome Powell

Federal Reserve Expects Inflation to Ease, Says Jerome Powell

Washington, DC, July 15, 2021-“Federal Reserve Chairman Jerome Powell said the central bank wouldn’t hesitate to raise interest rates to keep inflation under control but repeatedly emphasized he still expects price pressures to ease later this year,” reports the Wall Street Journal.