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.

Antidumping Rates Raised on Chinese Engineered Wood Flooring

Antidumping Rates Raised on Chinese Engineered Wood Flooring

Sterling, VA, August 2, 2019-The antidumping rates (AD) for Chinese engineered wood flooring imports have increased significantly for nearly all Chinese producers, who were previously paying zero antidumping duties, according to the Decorative Hardwoods Association.

Consumer Sentiment Rose 0.2% in July

Consumer Sentiment Rose 0.2% in July

Ann Arbor, MI, August 2, 2019—Consumer sentiment rose 0.2% to 98.4 in July from June’s 98.2 rate, according to final results from the University of Michigan.

Orders for Manufactured Good Rose 0.6% in June

Orders for Manufactured Good Rose 0.6% in June

Washington, DC, August 2, 2019— New orders for manufactured goods in June, up following two consecutive monthly decreases, increased $3.1 billion or 0.6% to $493.8 billion, the U.S. Census Bureau reported.

Builder Confidence in 55+ Market Down One Point in Q2 to 71

Builder Confidence in 55+ Market Down One Point in Q2 to 71

Washington, DC, August 2, 2019-Builder confidence in the single-family 55+ housing market remained solid in Q2 with a reading of 71, edging down one point from the previous quarter due to softness in traffic of prospective buyers, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI).

Trade Deficit Shrunk Slightly in June

Trade Deficit Shrunk Slightly in June

Washington, DC, August 2, 2019—June exports were $206.3 billion, $4.4 billion less than May exports, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Unemployment Held Steady at 3.7% in July

Unemployment Held Steady at 3.7% in July

Washington, DC, August 2, 2019-Total nonfarm payroll employment rose by 164,000 in July, and the unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported.

NTCA Holds Annual Meeting in Montreal

NTCA Holds Annual Meeting in Montreal

Flowood, MS, August 2, 2019-The National Tile Contractors Association (NTCA) hosted its 2019 NTCA Five-Star Contractor Annual Summer Meeting in Montreal, Canada.