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Jul 03, 2025 / The Right News Right When It Happens

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U.S. and Vietnam Reach Tariff Agreement

New York, NY, July 3, 2025-The U.S. and Vietnam have struck a tariff deal that will see American goods enter Vietnam duty-free, President Trump announced Wednesday, reports the Wall Street Journal.

Today's Flooring News

Trade Deficit Rose by $11.3 Billion in May

Washington, DC, July 3, 2025—The goods and services deficit was $71.5 billion in May, up $11.3 billion from $60.3 billion in April, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Employment Rose by 147,000 in June, Unemployment Flat at 4.1%

Washington, DC, July 3, 2025-Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1%, the U.S. Bureau of Labor Statistics reported today.

PureCycle Forms Partnership with Emerald Carpets

Orlando, FL, July 3, 2025—PureCycle Technologies, a U.S.-based company specializing in plastic recycling, has announced a partnership with Emerald Carpets, a producer of trade show carpets.

Stonepeak Earns Organizational Carbon Footprint Validation

Crossville, TN, July 3, 2025—Stonepeak has achieved the Organizational Carbon Footprint Validation ISO 14064-1, one of the first companies in the U.S. flooring industry to earn this distinction, according to the company.

Factory Orders Rose 8.2% in May

Washington, DC, July 3, 2025-New orders for manufactured goods in May, up five of the last six months, increased $48.5 billion or 8.2% to $642.0 billion, the U.S. Census Bureau reported.

Daltile Manufacturers 500 Million Square Feet of Tile in U.S.

Dallas, TX, July 3, 2025-Spanning over seven decades of domestic production, Daltile serves the market today as the nation’s largest manufacturer and marketer of tile for both residential and commercial use, manufacturing 500 million square feet of tile products in its nine U.S. plants annually.