February 1, 2015
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John Wu of Novalis Discusses the Chinese Firm and its Products From Surfaces
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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.
Multifamily Production Index Still Shows Improving Conditions
Washington, DC, Nov. 21, 2014 -- The Multifamily Production Index reached 54 in the third quarter, four points below the previous quarter’s reading, according to the National Association of Home Builders.
Mohawk Home Recalls Shag Rugs Over Fire Hazard
Calhoun, GA, Nov. 21, 2014 -- Mohawk Home has recalled 103,800 shag rugs made in India that were sold exclusively at Home Depot Inc. stores over a potential fire hazard.
Leading Economic Indicators Jump in October
New York, NY, Nov. 20, 2014 -- The index of leading economic index jumped 0.9% in October, the Conference Board said, after a gain of 0.7% in September.
Existing Home Sales Highest in Over a Year
Washington, DC, Nov. 20, 2014 -- U.S. home resales hit their highest level in more than a year in October, according to the National Association of Realtors.
Philly Manufacturing Expands Most Since 1993
Philadelphia, PA, Nov. 20, 2014 -- Manufacturing activity in the Philadelphia-region in November expanded at the fastest rate since December 1993, according to the Philadelphia Fed Manufacturing Index.
Jobless Claims Fall Last Week
Washington, DC, Nov. 20, 2014 -- Initial claims for unemployment benefits fell 2,000 last week to a seasonally adjusted 291,000, the Labor Department said.
Consumer Inflation Flat in October
Washington, DC, Nov. 20, 2014 -- Overall consumer inflation was non-existent last month due to falling gasoline prices, according to the Labor Department.
Tarkett Adds Welch as Reclamation Consolidator
Chagrin Falls, OH, Nov. 20, 2014 -- Tarkett said it is partnering with Midwest-based distributor E.J. Welch Company as its newest consolidator for its ReStart Recycling and Reclamation Program.
Hanley Wood Sells Exhibition Business, Including Surfaces
Washington, D.C., November 18, 2014 -- Hanley Wood announced today that it has agreed to sell its Hanley Wood Exhibitions business, including The International Surface Event, to Informa PLC.
Housing Starts Fall but Permits Surge Higher
Washington, DC, Nov. 19, 2014 -- Housing starts declined in October but the number of building permits rose, according to the U.S. Census Bureau.
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