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.


U.S. Retail Sales Made Broad Gains in July   Full Article
Washington, DC, August 13, 2015—Advance estimates of U.S. retail and food services sales for July were $446.5 billion, an increase of 0.6% from the previous month, and up 2.4% above July 2014, according to the U.S. Census Bureau.

Significant Housing Demand Returning to City Centers, Fitch Ratings   Full Article
New York, NY, August 13, 2015—Amid stabilizing U.S. home price growth lies a demographic shift across much of the country towards increasing demand in urban centers, according to Fitch Ratings in its latest quarterly sustainable home price report.

Distributive Trade Sales & Manufacturers' Shipments Rose 0.2% in June   Full Article
Washington, DC, August 13, 2015—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,325.5 billion, up 0.2% from May 2015 but down 2.5% from June 2014, according to the U.S. Census Bureau.

Mohawk Group Promotes Kent Clauson to SVP of Sales   Full Article
Calhoun, GA, August 13, 2015—Mohawk Group has promoted Kent Clauson to serve as senior vice president of sales.

Home Prices Rose in Nearly All Metro Areas in Second Quarter   Full Article
Washington, DC, August 12, 2015—The median existing single-family home price increased in 93% of measured markets during the second quarter, according to the latest quarterly report by the National Association of Realtors.

JOLTS Report Indicates Little Change in June   Full Article
Washington, DC, August 12, 2015—The number of job openings was little changed at 5.2 million on the last business day of June, the U.S. Bureau of Labor Statistics has reported.

BART Installs Hard Surface Flooring in Fleet of Train Cars   Full Article
Oakland, CA, August 12, 2015—Bay Area Rapid Transit (BART) has replaced carpet with sheet vinyl flooring in its fleet of train cars, according to Progressive Railroading.

China Devalues the Yuan   Full Article
Beijing, CN, August 11, 2015—The central bank of China devalued its currency on Tuesday, setting its official guidance rate down nearly 2% to 6.2298 yuan per dollar.

Small Business Confidence Rose in July   Full Article
Washington, DC, August 11, 2015—U.S. small business confidence rose 1.3 points to 95.4 in July, according to the National Federation of Independent Business.

Wholesale Trade Sales & Inventories Up Slightly in June   Full Article
Washington, DC, August 11, 2015—June 2015 sales of merchant wholesalers were $449.9 billion, up 0.1% from the revised May level but down 3.8% from the June 2014 level, the U.S. Census Bureau has announced.