Dixie Group Announces Price Increases on Imported Products

The Dixie Group (TDG) released the following price increase statement,

How Will Tariffs Impact Floor Covering?

When tariffs were imposed on imported goods earlier this year, particularly those from China, many [...]

Lowe’s to Acquire Foundation Building Materials

Lowe's has entered into a definitive agreement to acquire Foundation Building Materials (FBM) for approximately [...]

U.S. Tariffs On Chinese Imports on Hold Until November 10

On August 12, President Trump signed an executive order that will hold the U.S. reciprocal [...]

BEA News: Activities of U.S. Multinational Enterprises, 2023

Worldwide employment by U.S. multinational enterprises decreased 0.4 percent to 43.9 million workers in 2023 [...]

Initial Jobless Claims Rose by 11,000 in Week Ending August 16

In the week ending August 16, the advance figure for seasonally adjusted initial claims was [...]

July Total Construction Starts Down 10.2% on Nonresidential Weakness

Total construction starts were down 10.2% in July to a seasonally adjusted annual rate of [...]

AHF to Close Somerset, Kentucky Hardwood Operations

In a strategic move to streamline operations and strengthen its long-term position in the flooring [...]

Shaw Implements 8% Price Increase on Imports Due to Tariffs

Beginning with orders on September 8 and shipments on September 22, Shaw will implement an [...]

Lowe’s Q2 Sales Up 1.7%, Comp Sales Up 1.1%

Lowe's reported sales for Q2 2025 were $24.0 billion, a 1.7% increase compared to sales [...]