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.

GDP Up 1.5% in Third Quarter, According to BEA Advance Estimate   Full Article
Washington, DC, October 29, 2015—Real gross domestic product increased at an annual rate of 1.5% in the third quarter of 2015, according to the advance estimate released by the Bureau of Economic Analysis.

Pending Home Sales Decline for Second Straight Month, But Up 3% YOY   Full Article
Washington, DC, October 29, 2015—Pending home sales cooled in September for the second straight month and to their second lowest index reading in 2015, according to the National Association of Realtors.

USDA Terminates Hardwood Checkoff Proposal   Full Article
Washington, DC, October 29, 2015—The United States Department of Agriculture has terminated the Hardwood Lumber and Hardwood Plywood Promotion, Research and Information Order program proposal, according to Hardwood Floors Magazine.

Milliken Releases First Sustainability Report   Full Article
Spartanburg, SC, October 28, 2015—Milliken’s floorcovering division has launched its first-ever sustainability report to provide transparency and detailed insight into the company’s global operations and product offering.

Arley Wholesale Announces Executive Changes   Full Article
Scranton, PA, October 28, 2015—Arley Wholesale, Inc. has announced that due to consistent growth in virtually every phase of its business, strategic promotions of top-level company officials have taken place.

Labor Shortages Continue to Impact Construction Employment   Full Article
Arlington, VA, October 28, 2015—Construction employment declined in 144 out of 358 metro areas between September 2014 and September 2015, according to the Associated General Contractors of America.

Home Price Index Records 4.7% YOY Increase   Full Article
New York, October 27, 2015—The S&P/Case-Shiller U.S. National Home Price Index recorded a slightly higher year-over-year gain with a 4.7% annual increase in August 2015 versus a 4.6% increase in July 2015.

Durable Goods Orders Fall for the Second Month   Full Article
Washington, DC, October 27, 2015—New orders for manufactured durable goods in September decreased $2.9 billion or 1.2% to $231.1 billion, the U.S. Census Bureau announced.

Dr. Eerik Maandi Named VP of R&D for Laticrete   Full Article
Bethany, CT, October 27, 2015—Laticrete has named Eerik Maandi, Ph.D., vice president of research and development in North America.

NWFA Launches Wood Studies Scholarship for High School Seniors   Full Article
Chesterfield, MO, October 27, 2015—The National Wood Flooring Association Education & Research Foundation’s new Wood Studies Scholarship program will give $1,000 to a current high school senior who plans to study forestry in college.