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.

Housing Costs Expected to Keep Inflation Elevated Through 2022

Housing Costs Expected to Keep Inflation Elevated Through 2022

Washington, DC, July 12, 2022—Climbing housing costs are set to keep inflation elevated this year, creating another challenge for Federal Reserve officials who want to see signs that price pressures are easing before slowing their interest-rate increases, reports the Wall Street Journal.

AHF & Gordon Brothers to Acquire North American Armstrong Assets

AHF & Gordon Brothers to Acquire North American Armstrong Assets

Lancaster, PA, July 11, 2022-Armstrong Flooring announced on July 10 that it has entered into a binding Asset Purchase Agreement with a consortium of buyers consisting of AHF and Gordon Brothers pursuant to which these buyers will acquire substantially all Armstrong Flooring’s North American assets for $107 million in cash and assumption of specified assumed liabilities.

U.S. Adds 372,000 Jobs in June

U.S. Adds 372,000 Jobs in June

Washington, DC, July 8, 2022—U.S. employers added 372,000 jobs in June, mirroring strong monthly gains logged earlier in the year, according to the U.S. Labor Department.