Floordaily

Feb 07, 2025 / The Right News Right When It Happens

Top Story

Mohawk's Sales Inch Up in Q4, Earnings Down 34%

Calhoun, GA, February 7, 2025-Mohawk announced net sales for Q4 2024 were $2.6 billion, a slight increase over Q4 2023’s $2.6 billion.

Today's Flooring News

Consumer Sentiment Down 4.6% in Early February

Ann Arbor, MI, February 7, 2025—Consumer sentiment declined 4.6% to 67.8 in early February, according to preliminary results from the University of Michigan Survey of Consumers.

Nearly 90% of Metro Areas Register Home Price Gains in Q4

Washington, DC, February 7, 2025—Almost 90% of metro markets (201 out of 226, or 89%) experienced home price increases in the fourth quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.12% to 6.85%, according to the National Association of Realtors' latest quarterly report.

Classen Specifies I4F's Drop-Lock System for PP Products

Kaisersesch, Germany/Turnhout, Belgium, February 6, 2025- Classen Group, a producer of flooring and wall coverings, and I4F, a group of companies providing patents and technologies to the flooring industry, announced the strengthening of their long-standing patent partnership with the addition of Classen’s Polypropylene (PP) technologies.

Construction Employment Rose by 4,000 Jobs in January

Washington, DC, February 7, 2025—The construction industry added 4,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics.

Employment Up 143K Jobs in Jan., Unemployment Inched Down

Washington, DC, February 7, 2025-Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0%, the U.S. Bureau of Labor Statistics reported.

DHA Petitions Trump to Exclude Hardwood from Tariffs

Sterling, VA, February 6, 2025-"On January 29, DHA [Decorative Hardwoods Association] sent a letter to the Trump administration requesting that hardwood plywood, veneer, and engineered wood flooring be exempted from the 25% tariffs on imports from Canada.

T&F Lumber Earns NWFA/NOFMA Mill Certification

St. Charles, MO, February 6, 2025—T&F Lumber Company is the latest company to earn NWFA/NOFMA Mill Certification from the National Wood Flooring Association (NWFA).

WIFI Announces Four New Scholarship Recipients

Dalton, GA, February 7, 2025—Women in the Floorcovering Industry (WIFI) has announced its latest scholarship recipients, for a cumulative total of nearly $50,000 invested in the growth and development of 17 women in the flooring industry.