Breaking Flooring News

Personal Income Rose 0.8% in February, Spending Up 0.4%

Washington, DC, March 28, 2025—Personal income increased $194.7 billion (0.8% at a monthly rate) in February, according to estimates released by the U.S. Bureau of Economic Analysis.

Consumer Sentiment Declined 11.9% in March

Ann Arbor, MI, March 28, 2025—Consumer sentiment declined 11.9% to 57 in March, according to final results from the University of Michigan Survey of Consumers.

CB Flooring Expanding to Raleigh Market

Raleigh, NC, March 28, 2025-CB Flooring is expanding to Raleigh, North Carolina.

Wellmade's Cartersville Facility Raided by FBI for Labor Trafficking

Cartersville, GA, March 27, 2025—"FBI Atlanta raided Wellmade Industries, a flooring manufacturing company in Cartersville,” reports Fox 5 Atlanta.

Rogg to Lead New HMTX Business Unit, Driving Metroflor & Teknoflor

Norwalk, CT, March 27, 2025-HMTX, a global flooring manufacturer, has announced the growth-focused re-alignment of its Metroflor and Teknoflor teams under a newly formed contract and trade business unit.

Pending Home Sales Up 2% to 72 in February

Washington, DC, March 27, 2025—The Pending Home Sales Index (PHSI)—a forward-looking indicator of home sales based on contract signings—grew 2.0% to 72.0 in February, according to the National Association of Realtors.

Evolutions Flooring Owners Pay Fine on False Claims Act Allegations

Los Angeles, CA, March 27, 2025-Evolutions Flooring, a South San Francisco, California based importer of multilayered wood flooring, and its owners, Mengya Lin and Jin Qian, have agreed to resolve allegations that they violated the False Claims Act by knowingly and improperly evading customs duties on imports of multilayered wood flooring from the People’s Republic of China (PRC).

Tarkett Forms Partnership with Avery Automats, Using Reclaimed LVT

Solon, OH, March 27, 2025—Tarkett found its creative solution for reclaimed LVT in a unique partnership with Avery Automats, a manufacturer of automotive carpet and all-weather floor mats located in Dalton, Georgia.

Q4 GDP Estimate Increased Slightly to 2.4% in Third Estimate

Washington, DC, March 27, 2025-Real gross domestic product (GDP) increased at an annual rate of 2.4% in Q4 2024 (October, November, and December), according to the third estimate released by the U.S. Bureau of Economic Analysis.

CTDA Holds Strategic Planning Meeting

Glen Ellyn, IL March 27, 2025—The Ceramic Tile Distributors Association (CTDA), an international association of independent distributors, manufacturers and allied professionals of ceramic tile and related products, has concluded a comprehensive strategic planning meeting, setting a direction for the organization’s future.

Initial Jobless Claims Declined by 1,000 in Week Ending March 22

Washington, DC, March 27, 2025—In the week ending March 22, the advance figure for seasonally adjusted initial claims was 224,000, a decrease of 1,000 from the previous week's revised level, according to the Department of Labor.

Previous Next