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.

Distributive Trade Sales & Manu. Shipments Inched Up in May

Distributive Trade Sales & Manu. Shipments Inched Up in May

Washington, DC, August 15, 2019—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,461.4 billion, up 0.2% from April 2019 and was up 1.5% from May 2018, according to the U.S. Census Bureau.

Mortgage Debt Reached Record High in Q2

Mortgage Debt Reached Record High in Q2

Washington, DC, August 14, 2019—U.S. mortgage debt reached a record in Q2, exceeding its 2008 peak as the financial crisis unfolded, reports the Wall Street Journal.

Import Prices Inched Up 0.2% in July

Import Prices Inched Up 0.2% in July

Washington, DC, August 14, 2019—Prices for U.S. imports increased 0.2% in July, the U.S. Bureau of Labor Statistics reported, following a 1.1% decline the previous month.

Harlan Stone Featured in Wall Street Journal Story on Tariffs

Harlan Stone Featured in Wall Street Journal Story on Tariffs

New York, NY, August 12, 2019- Harlan Stone, CEO of HMTX Industries, is featured in a Wall Street Journal story “10% Tariffs Were Manageable. At 25%, Businesses Are Squirming.” by Chao Deng about the impact the tariff on Chinese goods has had on his vinyl flooring business.

Consumer Prices Rose 0.3% in July

Consumer Prices Rose 0.3% in July

Washington, DC, August 13, 2019—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in July on a seasonally adjusted basis after rising 0.1% in June, the U.S. Bureau of Labor Statistics reported.

Small Business Optimism Rose to 104.7 in July

Small Business Optimism Rose to 104.7 in July

Washington, DC, August 13, 2019-Small business optimism rose 1.4 points to 104.7 in July, with seven of ten components advancing, two falling, and one remaining unchanged, according to The NFIB Small Business Optimism Index.

Domotex USA 2020 Issues Call for Speakers

Domotex USA 2020 Issues Call for Speakers

Chicago, IL, August 13, 2019-Hannover Fairs USA (HFUSA) has issued a call for Domotex USA 2020 speakers, inviting the floorcovering industry to propose the best speakers for its education sessions.