Dodge Momentum Index Rose 6.8% in June to 225.1
Boston, MA, July 9, 2025—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 (2000=100) from the downwardly revised May reading of 210.9.
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.
Mortgage Applications Rose 9.4% in Week Ending July 4
Washington, DC, July 9, 2025—Mortgage applications increased 9.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 4, 2025.
Ohio Launches TechCred Program for Floorcovering Installation
North Lawrence, OH, July 9, 2025—Ohio’s TechCred program—the first program in the U.S. where the state or federal government is fully supporting the floorcovering industry through the TechCred grant—is now open.
Mirage Celebrates Retailer Survey Wins
St-Georges, Quebec, July 9, 2025—Mirage has once again earned top honors, ranking first in both design and quality, and standing out for its service, according to the "What the Retailers Think" survey conducted by Floor Focus.
AHSG Forms Supplier Partnership with Stanton
Roswell, GA, July 9, 2025—American Home Surfaces Group (AHSG), an alliance of independent floorcovering dealers across the country, has announced its newest strategic partnership with Stanton Design, a supplier of high-quality flooring.
Trump Threatens 25% Tariffs on South Korea and Japan
New York, NY, July 8, 2025-"Stocks fell Monday after President Trump renewed trade tensions with a range of countries while extending a deadline on so-called reciprocal tariffs to August 1,” reports the Wall Street Journal.
ITC Makes Affirmative Preliminary Ruling on Hardwood Dumping
Washington, DC, July 8, 2025-In a victory for U.S. producers of hardwood and decorative plywood (HWDP), the U.S. International Trade Commission (ITC) on July 3, found that there is a reasonable indication that imports from China, Indonesia, and Vietnam are materially injuring the U.S. HWDP industry, reports law firm Wiley.
Small Business Optimism Inched Down to 98.6 in June
Washington, DC, July 8, 2025-The NFIB Small Business Optimism Index remained steady in June, edging down 0.2 of a point to 98.6, slightly above the 51-year average of 98.
Tile Solutions Plus 2025 Slated for Arizona in Late October
Glen Ellyn, IL, July 8, 2025— Tile Solutions Plus 2025 will be held from October 27 to October 29 at the Arizona Grand Resort and Spa in Phoenix, Arizona.
Construction Employment Rose by 15,000 in June
Washington, DC, July 7, 2025—The construction industry added 15,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics.