Vinyl Declines
Atlanta, GA — May 22, 2023: Vinyl flooring imports saw a sharp decline in units in March, down 48.1% year over year (YOY), compared to only a 4.8% YOY decline in the prior month, according to Truist Securities.
Units from China, the largest source of material, was down over 50% YOY, while South Korea declined 18.2% YOY. U.S. Customs estimates roughly $40 million of flooring has been detained through early March from PVC-related goods imported under the Uyghur Forced Labor Prevention Act (UFLPA), which now requires further documentation.
Credit: Floor Daily
NWFA Update
This past month our team traveled to Milwaukee, Wisconsin to attend the National Wood Flooring Association’s Expo. Attendees and exhibitors from all over the world came together to share the same passion: wood flooring. It was great to attend alongside the United States Soybean Board.
Hemp Growing
Get Your Samples
Spring is finally here and that means it’s renovation season! With three sample offerings, we have the right materials for your project. Head over to www.hempwood.com and order your samples today.
