Shaw Develops Coretec Backing with Green Story
Dalton, GA, August 19, 2022-Coretec is rolling out a new attached underlayment, Soft Step.
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.
CFL Joins Vinyl Sustainability Council
Washington, DC, August 19, 2022—The Vinyl Sustainability Council (VSC) has welcomed CFL Flooring as the newest member of the council.
Dixie Group to Produce LVT in Alabama
Dalton, GA, August 18, 2022-The Dixie Group will convert its Atmore, Alabama plant into an LVT-SPC manufacturing facility.
Existing-Home Sales Declined 5.9% in July
Washington, DC, August 18, 2022—Total existing-home sales slipped 5.9% from June to a seasonally adjusted annual rate of 4.81 million in July, according to the National Association of Realtors. Year-over-year, sales fell 20.2% (6.03 million in July 2021).
Construction Costs Declined by 1.3% in July
Washington, DC, August 18, 2022—The price of materials and services used in nonresidential construction fell 1.3% in July, while contractors’ bid prices rose 5.4%, according to an analysis by the Associated General Contractors of America of government data.
Construction Employment Rose by 7.7 Million in July
Washington, DC, August 18, 2022—Total construction employment moved up to 7,706,000 in July as both residential and nonresidential construction firms added jobs for the month, according to the Associated General Contractors of America.
Initial Jobless Claims Declined by 2,000 in Week Ending August 13
Washington, DC, August 18, 2022-In the week ending August 13, the advance figure for seasonally adjusted initial claims was 250,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.
Florim Wins 2022 Governor’s Environmental Stewardship Awards
Clarksville, TN, August 18, 2022-Florim USA was one of nine companies statewide to receive the 2022 Governor’s Environmental Stewardship Awards (GESA). The category awarded was for Sustainable Performance.
July Retail Sales Flat from June but Up 10.3% YOY
Washington, DC, August 17, 2022-Advance estimates of U.S. retail and food services sales for July 2022 were $682.8 billion, virtually unchanged from the previous month but 10.3% above July 2021, according to the U.S. Census Bureau.
Lowe's Q2 Sales & Earnings Flat YOY
Mooresville, NC, August 17, 2022-Lowe's reported net sales of $27.5 million for Q2 2022, a .3% decline compared to sales of $27.6 million in Q2 2021.