| Jul 12, 2024 / The Right News Right When It Happens | Top Story | | Construction Input Prices Declined 0.3% in June | Washington, DC, July 12, 2024-Construction input prices fell 0.3% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data. | |
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| Today's Flooring News | | Producer Prices Rose 0.2% in June | Washington, DC, July 12, 2024—The Producer Price Index for final demand advanced 0.2% in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. | |
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| | Early July Consumer Sentiment Relatively Flat from June, Down 7.7% YOY | Ann Arbor, MI, July 12, 2024-Consumer sentiment declined 3.2% to 66.0, according to preliminary results from the University of Michigan Survey of Consumers. | |
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| | Imports of Engineered Hardwood Rose in Early 2024 | Washington, DC, July 12, 2024—Year-to-date through May, U.S. imports of engineered wood flooring were up by more than 12% in value and 7.6% in volume, according to the Decorative Hardwoods Association. | |
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| FEI Forms Advisory Board | Marietta, GA, July 12, 2024—FEI Group has announced the formation of a new advisory board as part of its ongoing organizational development. | |
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| Multifamily Activity Down 35% in Last Ten Months | Charlotte, NC, July 12, 2024—Truist has issued the following report on the multifamily market, “The decline in multifamily start activity has been ongoing since last year with a 35% decline the last ten months with indications that the build rate is going to an even lower level. | |
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| Time's 2024 Best Midsize Companies List Includes Two in Flooring | New York, NY, July 12, 2024-Time Magazine and Statista have released their 2024 list of America’s Best Midsize Companies with two flooring or flooring-related companies included on the list. | |
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| Shaw Contract to Host Hip Hop Architecture Camp Next Week | Atlanta, GA, July 12, 2024-Next week, Shaw Contract will partner with The Hip Hop Architecture Camp to share the foundations of architecture, urban planning and design with Atlanta, Georgia youth. | |
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| Kory Bowling Named President/CEO of Paramount Global Surfaces | Alpharetta, GA, July 12, 2024-Paramount Global Surfaces (PGS), a company in the floorcovering materials market, announced the appointment of Kory Bowling as president and CEO. | |
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Featured Video | | Hector Narvaez Discusses Iris Ceramica Group's Development of Hydrogen Powered Tile Production | July 12, 2024—Hector Narvaez, EVP of Sales, Marketing and Operations for Iris Ceramica Group in the USA, and Kemp Harr discuss yesterday’s | |
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