August 25, 2016
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Robert Dietz with the NAHB Discusses Growth Trends in the Housing Market
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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.
Orders for Manufactured Goods Fell 1.0% in May
Washington, DC, July 5, 2016—New orders for manufactured goods in May, down following two consecutive monthly increases, decreased $4.6 billion or 1.0% to $455.2 billion, the U.S. Census Bureau has reported.
Rick LaBenz Joins Phenix Flooring as Regional VP of Sales for Northeast
Dalton, GA, July 5, 2016—Phenix Flooring, a division of Pharr Yarns and leading manufacturer of residential flooring products, has announced that Rick LaBenz has joined the company as regional vice president of sales for the northeast region.
Cersaie Launching Press Cafés to Promote Awareness of Trends
Sassuolo, IT, July 5, 2016—Cersaie is launching a new initiative consisting of three Press Cafés, each to be held in a different hall at Cersaie and organized by a different magazine: AD Café, Domus Café and Interni Café.
AstroTurf Acquired After Filing Bankruptcy
Dalton, GA, July 1, 2016—AstroTurf filed Chapter 11 bankruptcy this week and will be acquired by SportGroup Holdings.
Stanton Acquires Crescent Carpet Importers
Long Island, NY, July 1, 2016—Jonathan Cohen, CEO of Stanton Carpet Corporation, announced on June 24 that the firm has acquired the assets of Crescent Carpet Importers.
Purchasing Managers Index Increased by 0.5% in May
Tempe, AZ, July 1, 2016—The May Purchasing Managers Index registered 51.3%, an increase of 0.5 percentage point from the April reading of 50.8%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
April Construction Spending Fell 1.8% from March, But Up 4.5% YOY
Washington, DC, July 1, 2016—Construction spending during April 2016 was estimated at a seasonally adjusted annual rate of $1,133.9 billion, 1.8% below the revised March estimate, the U.S. Census Bureau of the Department of Commerce announced.
Floor Covering Leadership Council Works to Resolve Industry Hurdles
Charlotte, NC, July 1, 2016—The Floor Covering Leadership Council conducted its first meeting of 2016 on April 29 in Charlotte, North Carolina.
NeoCon Attendance Up 6%
Chicago, IL, June 30, 2016—Registration at NeoCon 2016 was up 6% from last year, drawing 53,000 professionals from around the world.
May Construction Employment Down or Flat in 37% of Metro Areas YOY
Arlington, VA, June 30, 2016—Construction employment declined or was stagnant in 131, or 37%, of 358 metro areas between May 2015 and May 2016, according to the Associated General Contractors of America.
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