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.

GDP Drops 32.9% in Q2, According to Estimate

GDP Drops 32.9% in Q2, According to Estimate

Washington, DC, July 30, 2020–Real gross domestic product (GDP) decreased at an annual rate of 32.9% in the second quarter of 2020, according to the advance estimate released by the Bureau of Economic Analysis.

Pending Home Sales Up 16.6% in June

Pending Home Sales Up 16.6% in June

Washington, DC, July 29, 2020–Pending home sales continued to rise in June, sustaining two consecutive months of increases in contract activity, according to the National Association of Realtors (NAR).

Report: Hotel Construction Remains Strong

Report: Hotel Construction Remains Strong

Portsmouth, NH, July 29, 2020–Despite some project cancelations, postponements and delays, the U.S. construction pipeline only saw a 1% drop in projects and rooms for the first half of the year compared to the same time last year, according to hotel research firm Lodging Econometrics.

I4F Continues Expansion in China

I4F Continues Expansion in China

Hamont, Belgium, July 29, 2020–I4F, a group of companies providing patents and technologies to the flooring industry, has announced plans to expand across China and increase its focus on Vietnam and southeast Asia.