Consumer Sentiment Slid 6.2% in Early May
Ann Arbor, MI, May 14, 2021—Consumer sentiment slid 6.2% to 82.8 in May, according to preliminary 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.
Armstrong Flooring & Ohio Valley Flooring to Part Ways
Lancaster, PA, May 14, 2021—Armstrong Flooring and Ohio Valley Flooring (OVF) announce that effective, July 3, OVF will no longer be distributing Armstrong Flooring products
Metroflor's SPC & WPC Products Now Assure Certified
Norwalk, CT, March 25, 2021-Metroflor Corporation announced that its SPC and WPC products achieve the requirements for Assure Certified-a program created by the Resilient Floor Covering Institute (RFCI) and SCS Global Services (SCS) to ensure the continued growth and integrity of rigid core LVT marketed and sold in North America.
Import Prices Rose 0.7% in April
Washington, DC, May 14, 2021—U.S. import prices advanced 0.7% in April following a 1.4% increase in March, the U.S. Bureau of Labor Statistics reported.
Wood Flooring Exports from China Dropped 19% in 2020
Washington, DC, May 14, 2021--The value of wood flooring exports from China dropped 19% to $120 million in 2020, reports the Decorative Hardwoods Association.
New Home Costs Rise Due to High Price of Lumber
Providence, RI, Apr. 26--Piecing together a house is getting more expensive for builders this spring as prices rise on construction materials, according to the Providence Journal.
Distributive Trade Sales Rose 5.7% in March
Washington, DC, May 14, 2021—The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,638.2 billion, up 5.7% from February 2021 and was up 18.5% from March 2020, according to the U.S. Census Bureau.
Interface Q1 Sales Slid 12%, Earnings Improved
Atlanta, GA, May 7, 2021—Interface reported Q1 net sales of $253 million, down 12% versus $288 million in the prior year period.
NYCxDESIGN and Caesarstone Name IMPACTxDESIGN Winners
New York City, NY, May 14, 2021—NYCxDESIGN and Caesarstone are pleased to announce the winning designers of IMPACTxDESIGN, an inaugural competition to showcase how design can enhance public space and foster engagement in New York City.
U.S. Tariffs Drive Decline in Chinese Imports, Including Flooring
Chattanooga, TN, May 13, 2021-U.S. tariffs have led to a sharp decline in Chinese imports, according to the Wall Street Journal, with the flooring industry seeing a significant decrease in Chinese imports in every category except LVT.