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.

Vietnam Taking Steps to Avoid Tariffs from U.S.

Vietnam Taking Steps to Avoid Tariffs from U.S.

Sterling, VA, January 22, 2021—To avoid the threat of punitive U.S. tariffs—due to allegations that Vietnam is importing illegal timber—Vietnam has promised to strengthen regulations and to buy more American lumber, reports the Decorative Hardwoods Association.

Housing Starts Rose 5.8% in December

Housing Starts Rose 5.8% in December

Washington, DC, January 21, 2021—Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,669,000, 5.8% above the revised November estimate of 1,578,000 and 5.2% above the December 2019 rate of 1,587,000, according to the U.S. Census Bureau.

Home Renovation Spending Growth Should Rise to 3.8% in '21, JCHS

Home Renovation Spending Growth Should Rise to 3.8% in '21, JCHS

Cambridge, MA, January 21, 2021-Annual gains in spending for improvements and repairs to owner-occupied homes are expected to be modestly higher in 2021 compared to last year, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.