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.

Inflation Eased to 3% in June

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.

Mortgage Applications Rose 0.9% in Week Ending July 7

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.

Tarkett Launches New Commercial Website

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

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

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.