William M. Bird Forms Partnership with Proflex
Charleston, SC, July 19, 2022—Flooring distributor William M. Bird announced it has partnered with Proflex to expand its offering of flooring installation supplies.
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.
Single-Family Builder Confidence Declined to 55 in May
Washington, DC, July 18, 2022—Builder confidence in the market for newly built single-family homes posted its seventh straight monthly decline in July, falling 12 points to 55, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Hardwood Flooring Imports Declined 29% in April
Washington, DC, July 18, 2022—U.S. imports of hardwood flooring slowed in April, down 29% from strong performance in March, according to the Decorative Hardwoods Association.
Dollar Hit 20-Year High in Second Week of July
New York, NY, July 18, 2022—The dollar has hit a 20-year high, reports the Wall Street Journal.
Metroflor Releases "Behind the Design" Video Series
Norwalk, CT, July 18, 2022-Building on Metroflor Corporation’s renewed focus on thoughtful design of its LVT offering, trend spotting takes center stage in a new video series, “Behind the Design.”
June Retail Sales Rose 1.0% from May, Up 8.4% YOY
Washington, DC, July 15, 2022—Advance estimates of U.S. retail and food services sales for June 2022 were $680.6 billion, an increase of 1.0% from the previous month, and 8.4% above June 2021, according to the U.S. Census Bureau.
Consumer Sentiment Rose 2.2% in Early July
Ann Arbor, MI, July 15, 2022—Consumer sentiment rose 2.2% to 51.1 in early July, according to results from the University of Michigan Survey of Consumers.
Imports Prices Rose 0.2% in June, Export Prices Rose 0.7%
Washington, DC, July 15, 2022—Prices for U.S. imports increased 0.2% in June following a 0.5% advance the previous month, the U.S. Bureau of Labor Statistics reported.
Industrial Production Declined 0.2% in June, But Rose 6.1% in Q2
Washington, DC, July 15, 2022—Total industrial production moved down 0.2% in June but advanced at an annual rate of 6.1% for the second quarter as a whole, according to the Federal Reserve.
Galleher Forms Distribution Partnership with Interfloor
Santa Fe Springs, California, July 14, 2022 – Floording distributor Galleher announced a distribution partnership with U.K.-based Interfloor, manufacturer of the Duralay line of durable underlay products.