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.
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.
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.
Paris, FR, July 15, 2021-Tarkett Participation (the “bidder”) announces the final results of the public simplified tender offer on all the Tarkett shares (the “offer”)-published by the Autorité des Marchés Financiers (AMF)-following the closing of the offer on July 9, 2021.
Lancaster, PA, June 25, 2021-Armstrong Flooring will increase prices effective August 15, which are aimed at offsetting rising costs.
Orlando, FL, July 15, 2021-The Ceramic Tile Education Foundation (CTEF) created the Dan Hecox Service Award to be given out annually at Coverings.
Dalton, GA, July 15, 2021—Shaw Industries, a subsidiary of Berkshire Hathaway, has announced an upcoming virtual event, SFN Open on Mainstreet, for its Shaw Flooring Network (SFN) of aligned retailers.
Washington, DC, July 15, 2021—Industrial production increased 0.4% in June after moving up 0.7% in May, according to the Federal Reserve.
Orlando, FL, July 15, 2021—The National Tile Contractors Association (NTCA) honored numerous members and scholarship winners during a special in-person awards ceremony on Thursday, July 8th at the Coverings trade show held in Orlando, Florida.
Washington, DC, July 15, 2021—U.S. import prices advanced 1.0% in June following a 1.4% increase in May, the U.S. Bureau of Labor Statistics reported.
Washington, DC, July 15, 2021—In the week ending July 10, the advance figure for seasonally adjusted initial claims was 360,000, a decrease of 26,000 from the previous week's revised level, according to the Department of Labor.