February 10, 2016
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Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Worker Pay Rose 0.6% in Fourth Quarter
Washington, DC, January 29, 2016—Compensation costs for civilian workers increased 0.6%, for the three-month period ending in December 2015, the U.S. Bureau of Labor Statistics reported.
Trade Deficit Widened by 2% in December
Washington, DC, January 29, 2016—The U.S. goods trade deficit widened by 2% in December to $61.5 billion, according to the U.S. Census Bureau.
FCICA to Host Commercial Flooring Tradeshow in March
West Bloomfield, MI, January 29, 2016—FCICA, the Flooring Contractors Association, will host the Commercial Flooring Tradeshow, March 7 at the Hammock Beach Resort in Palm Coast, Florida.
NWFA Members Participate in Gary Sinise Foundation Home Build
St. Louis, MO, January 29, 2016—The National Wood Flooring Association and several of its members participated in the Gary Sinise Foundation’s latest smart-home building project completed earlier this month.
Metroflor Names Winners of its Performance Awards
Las Vegas, NV, January 28, 2016—Metroflor Corporation celebrated the dedication and accomplishments of its distribution partners across the entire brand portfolio by bestowing its 2015 performance awards.
Pending Home Sales Inched Up in December
Washington, DC, January 28, 2016—Pending home sales were mostly unchanged in December, but inched forward slightly, according to the National Association of Realtors.
Durable Goods Fell 5.1% in December
Washington, DC, January 28, 2016—New orders for manufactured durable goods in December decreased $12.0 billion or 5.1% to $225.4 billion, the U.S. Census Bureau has announced.
Gilford Johnson Flooring Announces Leadership Team
Jeffersonville, IN and Atlanta, GA, January 28, 2016—Gilford Johnson Flooring, the newly established merger of Gilford Flooring and Johnson Wholesale Floors, has announced its leadership team.
D.R. Horton Net Income Rose 11% in Q4 2015
Fort Worth, TX, January 28, 2016—D.R. Horton, Inc. reported that net income for its first fiscal quarter ended December 31, 2015 increased 11% to $157.7 million, or $0.42 per diluted share.
Per Yard Assessment Fee for California Carpet Sales Doubled
Sacramento, CA, January 28, 2016—The Carpet America Recovery Effort (CARE) and CalRecycle announced an updated assessment fee of $0.20 per square yard on all carpet sold or shipped in California, effective April 1.
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