| | | Jun 02, 2025 / The Right News Right When It Happens | | Top Story | | | | Construction Spending Declined 0.4% in April | | Washington, DC, June 2, 2025—Construction spending during April 2025 was estimated at a seasonally adjusted annual rate of $2,152.4 billion, 0.4% below the revised March estimate of $2,162.0 billion, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | Cost Between New & Existing Homes Narrows | | Washington, DC, June 2, 2025—Homebuyers are discovering a narrow price gap between new and existing homes, according to the National Association of Home Builders (NAHB). During the first quarter of 2025, the median sales price of a new home was just $14,600 more than an existing home. | | |
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| | | | Mortgages for Second Homes Declined 5% in 2024 | | Seattle, WA, June 2, 2025—U.S. homebuyers took out 86,604 mortgages for second homes in 2024, the lowest level in records dating back to 2018 and down 5% from a year earlier, reports RedFin. | | |
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| | | | Purchasing Managers' Index Declined to 48.5% in May | | Tempe, AZ, June 2, 2025—The Manufacturing Purchasing Managers’ Index (PMI) registered 48.5% in May, 0.2 percentage point lower compared to the 48.7% recorded in April. | | |
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| | | Second Week of June Officially Deemed "Design Week" in Chicago | | Chicago, IL, June 2, 2025-- The City of Chicago has released a proclamation declaring the second week of June the official design week for the city, reports Dezeen. | | |
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| | | WFCA Adds Larry Flick and Darren Harrison as Vice Chairs | | Dalton, GA, June 2, 2025––The World Floor Covering Association (WFCA) announced the appointment of flooring industry veterans Larry Flick and Darren Harrison to its executive committee. | | |
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| | | Lititz Flooring Company Announces Two Promotions | | Lititz, PA, June 2, 2025—Lititz Flooring Company has announced key leadership positions amid sustained growth of the AVA and Capri Collections Brands: Travis Whipple as vice president of sales and Daniel Ortiz as director of technical services. | | |
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| | | Total Solutions Plus Rebrands as Tile Solutions Plus | | Glen Ellyn, IL, June 2, 2025—Total Solutions Plus has rebranded to Tile Solutions Plus with a new logo, colors and website. | | |
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| Featured Video | | | | Bill Bohrer and Dean Miller Discuss Wall 2 Wall's Customer Appreciation Fishing Tournament | | June 2, 2025—Bill Bohrer and Dean Miller, President and COO, respectively, with Wall 2 Wall Commercial Flooring, and Kemp Harr discuss Wall 2 Wa | | |
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