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.

Wm. T. Burnett & Co. Acquires Flex Foam

Wm. T. Burnett & Co. Acquires Flex Foam

Baltimore, MD, June 16, 2022—Wm. T. Burnett & Co., headquartered in Baltimore, Maryland, has acquired Flex Foam, the first polyurethane foam manufacturer in Arizona. Financial details of the transaction were not disclosed.

Galleher Announces Partnership with Building Homes for Heroes

Galleher Announces Partnership with Building Homes for Heroes

Santa Fe Springs, CA, June 16, 2022—Flooring distributor Galleher announced a partnership with Building Homes for Heroes, a national non-profit organization that recognizes the sacrifices of men and women of the U.S. Armed Forces by supporting the needs of severely wounded or disabled soldiers and their families.

May Retail Sales Declined 0.3% from April, Up 8.1% YOY

May Retail Sales Declined 0.3% from April, Up 8.1% YOY

Washington, DC, June 15, 2022—Advance estimates of U.S. retail and food services sales for May 2022 were $672.9 billion, a decrease of 0.3% from the previous month but 8.1% above May 2021, according to the U.S. Census Bureau.

Builder Confidence in Housing Market Declined 2 Points to 67 in June

Builder Confidence in Housing Market Declined 2 Points to 67 in June

Washington, DC, June 15, 2022—In a troubling sign for the housing market, builder confidence in the market for newly built single-family homes posted its sixth straight monthly decline in June, falling two points to 67, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released.

Mortgage Applications Down 6.6% in Week Ending June 10

Mortgage Applications Down 6.6% in Week Ending June 10

Washington, DC, June 15, 2022—Mortgage applications increased 6.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 10, 2022.

NTCA Adding New Training Module: Thick-Bed Installations

NTCA Adding New Training Module: Thick-Bed Installations

Flowood, MS, June 15, 2022—The National Tile Contractors Association (NTCA) is launching a new training module in its regional training program: thick-bed installations. This program will debut at America’s Floor Source in Columbus, Ohio on August 26.