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.
Washington, DC, July 16, 2024- The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,861.4 billion, virtually unchanged from April 2024 but up 2.0% from May 2023, according to the U.S. Census Bureau.
Bedford, MA, July 15, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased by 10.4% in June to 198.6 (2000=100) from the revised May reading of 179.9.
Columbus, OH, July 15, 2024-WCCV Floorcoverings has joined Starnet.
Purfleet-on-Thames, UK, July 15, 2024-"Carpetright, one of the UK’s biggest flooring retailers, has filed a notice of intention to appoint an administrator, putting 1,800 jobs at risk as it races to secure extra funding,” reports The Guardian.
Washington, DC, July 12, 2024-Construction input prices fell 0.3% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data.
Washington, DC, July 12, 2024—The Producer Price Index for final demand advanced 0.2% in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Ann Arbor, MI, July 12, 2024-Consumer sentiment declined 3.2% to 66.0, according to preliminary results from the University of Michigan Survey of Consumers.
Washington, DC, July 12, 2024—Year-to-date through May, U.S. imports of engineered wood flooring were up by more than 12% in value and 7.6% in volume, according to the Decorative Hardwoods Association.
Marietta, GA, July 12, 2024—FEI Group has announced the formation of a new advisory board as part of its ongoing organizational development.
Charlotte, NC, July 12, 2024—Truist has issued the following report on the multifamily market, “The decline in multifamily start activity has been ongoing since last year with a 35% decline the last ten months with indications that the build rate is going to an even lower level.