Consumer Sentiment Declined 10% to 44.8 in May
Ann Arbor, MI, May 22, 2026-Consumer sentiment declined 10% to 44.8 in May, according to final results from the University of Michigan Survey of Consumers.
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.
Tri-Co Expands into Southern California
San Diego, CA, May 22, 2026—Tri-Co, a commercial flooring contractor serving San Diego for 67 years, has announced an expansion of its operations across Orange County, Los Angeles and the Inland Empire.
DHA Holds Annual Meeting, Elects New Board Members
Sterling, VA, May 22, 2026— The DHA 2026 spring conference and 105th annual meeting was held in Asheville, North Carolina, May 12 to 14, at the Embassy Suites by Hilton Asheville Downtown. In addition, the organization announced new board leadership.
Diverzify Announces $240 Million Recapitalization
Atlanta, GA, May 21, 2026-Diverzify has announced a $240 million recapitalization and strategic investment led by affiliates of Paceline Equity Partners, a Dallas-based private equity manager, to expand specialized capabilities for its customers, elevate its operational consistency and invest heavily in its best-in-class team of industry experts.
Housing Starts Rose 4.6% YOY in April
Washington, DC, May 21, 2026-Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,465,000, 2.8% below the revised March estimate of 1,507,000 but 4.6% above the April 2025 rate of 1,400,000.
Construction Starts Rose 9% on Commercial Strength
Boston, MA, May 21, 2026—Total construction starts rose 9.0% in April to a seasonally adjusted annual rate of $1.33 trillion, according to Dodge Construction Network.
Taylor Names Gary Onate Sales Director, Distribution
Dalton, GA, May 21, 2026 —Taylor Adhesives, a wholly owned Avery Dennison subsidiary, announced that Gary Onate has been appointed sales director, distribution.
Lowe's Sales Up 11% in Q1, Earnings Flat at $1.6 Billion
Mooresville, NC, May 20, 2026—Lowe’s reported total sales for Q1 2026 were $23.1 billion, a 11% increase compared to sales of $20.9 billion in the prior-year quarter.
FCIF Day of Giving Slated for June 1, 2026
Dalton, GA, May 12, 2026-The Floor Covering Industry Foundation (FCIF) is calling on the flooring community to come together for its annual Day of Giving on June 1, a dedicated day of support for flooring families facing life-altering medical illness, injury, or disability.
Global Container Rates Climb Due to Strait of Hormuz Disruption
Greensboro, NC, May 20, 2026—“Global container spot rates rose sharply this week as carriers implemented new surcharges tied to the war involving Iran and ongoing disruption around the Strait of Hormuz, according to the latest update from supply chain analytics firm Drewry,” reported by Furniture Today.