Today's News

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.

CFI Board Taps Varden as CEO   Full Article
Lenexa, KS, August 4, 2015—The board of International Certified Flooring Installers Association, Inc. (CFI) has tapped Robert Varden to take over as CEO of the organization.

New Orders for Manufactured Goods Rebounded in June   Full Article
Washington, DC, August 4, 2015—New orders for manufactured goods rebounded in June, increasing by 1.8% after a revised 1.1% decline in May, according to the Commerce Department.

Home Prices Nationwide Up in June   Full Article
Irvine, CA, August 4, 2015— Home prices nationwide, including distressed sales, increased by 6.5% in June 2015 compared with June 2014, according to the June 2015 CoreLogic Home Price Index (HPI).

Construction Spending Up in June on Public Construction Rise   Full Article
Washington, DC, August 3, 2015—Construction spending during June 2015 was estimated at a seasonally adjusted annual rate of $1,064.6 billion, 0.1% above the revised May estimate of $1,063.5 billion, according to the U.S. Census Bureau.

Consumer Confidence Slips Slightly but Remains Positive   Full Article
Ann Arbor, MI, August 3, 2015—Consumer confidence slipped to 93.1 in July, down 3.1% from June’s 96.1 reading, according to the final results for the University of Michigan’s Survey of Consumers.

Personal Income Rose 0.4% in June   Full Article
Washington, DC, August 3, 2015—Personal income increased $68.1 billion, or 0.4%, and disposable personal income (DPI) increased $60.6 billion, or 0.5%, in June, according to the Bureau of Economic Analysis.

Rate of Homes "Seriously Underwater" Increased Slightly in Q2   Full Article
Irvine, CA, August 3, 2015—As of the end of the second quarter of 2015, 13.3% of all U.S. properties with a mortgage were seriously underwater, according to RealtyTrac's Q2 2015 U.S. Home Equity & Underwater Report.

Armstrong Names The Kroger Co. Its 2014 Flooring Recycler of the Year   Full Article
Lancaster, PA, August 3, 2015—Armstrong World Industries named The Kroger Co. as its 2014 Flooring Recycler of the Year.

Manufacturing Slowed in July, ISM   Full Article
Tempe, AZ, August 3, 2015—The July Purchasing Managers' Index (PMI) registered 52.7%, a decrease of 0.8 percentage point below the June reading of 53.5%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

Louis De Poortere Reduces U.S. Prices Via New Shipping Practices   Full Article
Atlanta, GA, August 3, 2015—Belgian rug maker Louis De Poortere is implementing a much reduced price list and revised procedures starting August 15.