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.

Houzz Q1 2016 Renovation Barometer Reflects Industry Confidence   Full Article
Palo Alto, CA, May 5, 2016—Houzz’s Q1 2016 Renovation Barometer reflected strong quarter-over-quarter confidence for all industry groups, with readings of 68 or higher, indicating a seasonal uptick in market activity.

Trade Deficit Narrowed in March by $6.5 Billion   Full Article
Washington, DC, May 4, 2016—The goods and services deficit was $40.4 billion in March, down $6.5 billion from $47.0 billion in February, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Dixie Group's Net Sales for Q1 Represent 6.9% YOY Loss   Full Article
Dalton, GA, May 4, 2016—For the first quarter of 2016, The Dixie Group had net sales of $89,234,000, or a loss of $0.30 earnings per share, compared to net sales of $95,855,000 in the first quarter of 2015, or a loss of $0.16 earnings per share.

Factory Orders up 1.1% in March   Full Article
Washington, DC, May 4, 2016—New orders for manufactured goods in March, up two of the last three months, increased $5.0 billion or 1.1% to $458.4 billion, the U.S. Census Bureau reported.

Labor Productivity Shrank by 1.0% in Q1   Full Article
Washington, DC, May 4, 2016—Nonfarm business sector labor productivity decreased at a 1.0% annual rate during the first quarter of 2016, the U.S. Bureau of Labor Statistics reported, as output increased 0.4% and hours worked increased 1.5%.

April Auto Sales Beat Record Set in 2005   Full Article
Washington, DC, May 4, 2016—U.S. new car and light-truck sales reached 1.5 million in April, a 3.6% increase from a year earlier, according to data provider Autodata Corp.

ISM Non-Manufacturing Index Rose to 55.7% in April   Full Article
Tempe, AZ, May 4, 2016—The Non-Manufacturing ISM Report On Business registered 55.7% in April, 1.2 percentage points higher than the March reading of 54.5%.

Details of FloorTek 2016 Announced   Full Article
Dalton, GA, May 4, 2016—FloorTek 2016 is set to take place October 18 to 20 in Dalton, Georgia.

Oriental Weavers Announces Capital Investments in Dalton, GA Facility   Full Article
Dalton, GA, May 3, 2016—Oriental Weavers announces significant capital investments in its Dalton, Georgia manufacturing facility.

Mannington Initiating Price Increase on Engineered Wood Products   Full Article
Salem, NJ, May 3, 2016—Mannington Mills, Inc. announced that it will be implementing a price increase of up to 5% to 7% on selected engineered wood flooring products effective with shipments on July 1.