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.

Construction Employment Declined by 20,000 in May

Construction Employment Declined by 20,000 in May

Washington, DC, June 11, 2021-Construction employment totaled 7,423,000 in May, a drop of 20,000 from April and the third decline in the past four months, according to Associated General Contractor’s analysis of Bureau of Labor Statistics (BLS) data.

Consumer Prices Rose 0.6% in May

Consumer Prices Rose 0.6% in May

Washington, DC, June 10, 2021-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in May on a seasonally adjusted basis after rising 0.8% in April, the U.S. Bureau of Labor Statistics reported.

Jobless Claims Drop to 13-Month Low in First Week of June

Jobless Claims Drop to 13-Month Low in First Week of June

Washington, DC, June 10, 2021-In the week ending June 5, the advance figure for seasonally adjusted initial claims was 376,000, a decrease of 9,000 from the previous week's unrevised level of 385,000, according to the Department of Labor.

John Stephens Named VP of Consumer Strategy for Shaw

John Stephens Named VP of Consumer Strategy for Shaw

Dalton, GA, June 10, 2021—The residential division of Shaw Industries has named John Stephens vice president of consumer strategy, reporting to the recently-named vice president of residential marketing and digital commerce, Nina LoCicero.

Armstrong Announces New Coverage for Midwest Territory

Armstrong Announces New Coverage for Midwest Territory

Lancaster, PA, June 9, 2021-As was previously communicated, Armstrong Flooring will end its relationship with Ohio Valley Flooring, effective July 3, and will expand the territories of two key distributors and service the remainder of the market on a direct basis.

Number of Loans in Forbearance Decreased in May

Number of Loans in Forbearance Decreased in May

Washington, DC, June 9, 2021—The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by two basis points from 4.18% of servicers' portfolio volume in the prior week to 4.16% as of May 30, 2021.