Norman Freebeck Named President of Roppe Holding Company
Fostoria, OH, May 19, 2025-Roppe Holding Company (RHC) has announced the promotion of Norman J. Freebeck to the role of president.
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.
FCIF Hosts Day of Giving on June 1
Dalton, GA, May 19, 2025-The Floor Covering Industry Foundation’s (FCIF) Day of Giving -taking place on June 1-is an opportunity for the flooring industry to come together in support of colleagues facing life-altering medical challenges.
Stanton Announces Partnership with Kravet
Woodbury, NY, May 19, 2025-Stanton has announced a partnership with Kravet, a producer of to-the-trade home furnishings, to unveil an exclusive licensed carpet collection: Kravet x Stanton.
Housing Starts Rose 1.6% in April
Washington, DC, May 16, 2025-Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,361,000, according to the U.S. Census Bureau, 1.6% above the revised March estimate of 1,339,000 but 1.7% below the April 2024 rate of 1,385,000.
Consumer Sentiment Declined 2.7% to 50.8 in Early May
Ann Arbor, MI, May 16, 2025-Consumer sentiment declined 2.7% in early May to 50.8, according to results from the University of Michigan Survey of Consumers.
Households Earning $75K Can Only Afford 21.2% of Home Listings
Washington, DC, May 16, 2025—U.S. households earning $75,000 a year can only afford 21.2% of home listings as of March 2025—up slightly from 20.8% a year prior and representing the biggest gain of any income group—demonstrating that the nation's housing affordability gap persists, according to the National Association of Realtors and Realtor.com 2025 Housing Affordability & Supply report.
Mohawk Group Launches "Believe in Better" Awards
Dalton, GA, May 16, 2025-Mohawk Group announced the establishment of the "Believe in Better" Awards, a new program designed to recognize and celebrate interior design projects that exemplify a commitment to innovation, sustainability, and human-centered impact.
Import and Export Prices Rose 0.1% in April
Washington, DC, May 16, 2025—U.S. import prices increased 0.1% in April following a 0.4% decrease in March, the U.S. Bureau of Labor Statistics reported.
April Retail Sales Virtually Flat from March, Up 4.8% YOY
Washington, DC, May 15, 2025-Advance estimates of U.S. retail and food services sales for April 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $724.1 billion, up 0.1% from the previous month, and up 5.2% from April 2024, according to the U.S. Census Bureau.
Producer Prices Declined 0.5% in April
Washington, DC, May 15, 2025-The Producer Price Index for final demand fell 0.5% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.