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.

April Construction Spending Virtually Flat from March, Up 10% YOY

April Construction Spending Virtually Flat from March, Up 10% YOY

Washington, DC, June 3, 2024-Construction spending during April 2024 was estimated at a seasonally adjusted annual rate of $2,099.0 billion, 0.1% below the revised March estimate of $2,101.5 billion, according to the U.S. Census Bureau, 10.0% above the April 2023 estimate of $1,907.8 billion.

Tom Sullivan Launches Proxy Fight at LL Flooring

Tom Sullivan Launches Proxy Fight at LL Flooring

New York, NY, June 3, 2024—"LL Flooring’s founder, Tom Sullivan, is launching a proxy fight at the company he created, marking the latest investor activism at the struggling flooring seller as the company considers alternatives,” reports the Wall Street Journal.