Fuse "Innovate to Elevate" Conference Opens Tomorrow in Orlando
Orlando, FL February 28, 2025-Fuse Alliance, a network of commercial flooring contractors, is set to host its annual conference in Orlando, Florida, from March 1 to 4.
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.
Trump Plans to Move Ahead with Tariffs on China, Canada & Mexico Imports
Washington, DC, February 28, 2025-"The U.S. plans next week to impose an additional 10% tariff on imports from China over its role in the fentanyl trade and move forward with 25% tariffs on products from Canada and Mexico, President Trump said Thursday, setting up a pivotal week for his protectionist trade agenda,” reports the Wall Street Journal.
Personal Income Up 0.9% in January, Spending Down 0.2%
Washington, DC, February 28, 2025—Personal income increased $221.9 billion (0.9% at a monthly rate) in January, according to estimates released by the U.S. Bureau of Economic Analysis.
NTCA Announces March 2025 Training Event Schedule
February 27, Jackson, MS – The National Tile Contractors Association (NTCA) continues its commitment to education and workforce development by offering 21 free hands-on training events across the country this March.
Universal Fibers Opens Facility in Japan
Osaka, Japan, February 28, 2025—Universal Fibers now has a facility operating in Japan.
New Distributor, RYC Flooring, Launches in Flooring Marketplace
Chicago, IL, February 28, 2025—RYC Flooring, a new family-owned and operated flooring distribution company, announces its launch, bringing an online-centric approach to the flooring industry.
Q4 GDP Rose by 2.3%, According to Second Estimate
Washington, DC, February 27, 2025-Real gross domestic product (GDP) increased at an annual rate of 2.3% in Q4 2024, according to the second estimate.
Pending Home Sales Index Fell to All-Time Low in January at 70.6
Washington, DC, February 27, 2025-The Pending Home Sales Index (PHSI) fell 4.6% to 70.6 in January, an all-time low, according to the National Association of Realtors.
Durable Goods Orders Rose 3.1% in January
Washington, DC, February 27, 2025—New orders for manufactured durable goods in January, up following two consecutive monthly decreases, increased $8.7 billion or 3.1% to $286.0 billion, the U.S. Census Bureau announced.
Initial Jobless Claims Rose by 22,000 in Week Ending Feb. 22
Washington, DC, February 27, 2025—In the week ending February 22, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 22,000 from the previous week's revised level, according to the Department of Labor.