Inflation Eased to 3% in June
Washington, DC, July 12, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% in June on a seasonally adjusted basis, after increasing 0.1% in May, the U.S. Bureau of Labor Statistics reported.
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.
Vinyl Flooring Imports Declined 6.7% YOY in May
Charlotte, NC, July 12, 2023—Imports of vinyl flooring saw a decrease in May, down 6.7% year over year, but this follows a notable increase of 28.9% year over year last month, reports Truist.
Mortgage Applications Rose 0.9% in Week Ending July 7
Washington, DC, July 12, 2023-Mortgage applications increased 0.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 7, 2023.
Mannington Commercial's Calhoun Facility Earns ISO 14001 Recertification
Calhoun, GA, July 12, 2023—Mannington Commercial’s Calhoun, Georgia operations have achieved International Organization for Standardization (ISO) 14001 recertification.
Shaw Named to Selling Power List for 20th Consecutive Year
Dalton, GA, July 12, 2023—Shaw has been named to Selling Power Magazine’s 50 Best Companies to Sell For list for the 20th consecutive year.
Tarkett Launches New Commercial Website
Solon, OH, July 12, 2023—This month, Tarkett launched a new website for its commercial business in North America, featuring added functionalities and streamlined design.
Rasa Floors Acquires Floors First Nashville
Carrollton, TX, July 11, 2023-Rasa Floors announced it has acquired Floors First Nashville, bringing together two providers of flooring installation services to the multifamily housing industry.
SCI Flooring Acquired by PE Firm Rainier Partners
Seattle, WA, July 11, 2023-Rainier Partners, a private equity firm investing in lower middle-market services businesses, has announced its investment in SCI Flooring (SCI), a full-service floorcovering services provider serving property managers and owners across the Midwest.
Ceramic Imports Declined 6% YOY in The First Five Months of 2023
New York, NY, July 11, 2023-In the first five months of 2023 total U.S. imports of ceramic tile were 74.6 million square meters, a decline of 6% from the same period in 2022, according to Grosser Consulting.
Dodge Momentum Index Declined 2.5% in June
Hamilton, NJ, July 11, 2023—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 2.5% in June to 197.3 (2000=100) from the revised May reading of 202.4. Over the month, the commercial component of the DMI rose 3.1%, while the institutional component sunk 10.5%.