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.

Trade Deficit Rose in June   Full Article
Washington, DC, August 5, 2015—The goods and services deficit was $43.8 billion in June, up $2.9 billion from $40.9 billion in May, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Commerce.

Store-Within-A-Store Concept for Rug Sales Targets Furniture Retailers   Full Article
Simsbury, CT, August 5, 2015—A group of furniture industry veterans has created a new concept called the International Rug Group that will enable furniture retailers to sell area rugs through a store-with-a-store concept, according to

NAFCD's 2015 Profit Analysis Report Now Available   Full Article
Chicago, IL, August 5, 2015—The North American Association of Floor Covering Distributors’ (NAFCD) 2015 Profit Analysis Report (PAR) is now available for purchase.

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.