March Construction Job Openings Fell to Lowest Since Fall 2020
Charlotte, NC, May 6, 2024—"The number of open construction jobs in the U.S. fell significantly in March to what was the lowest reading since Fall of 2020,” reports Truist.
Today's Flooring 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.
Buffett Says Abel Will Now Make Investment Decisions at Berkshire Hathaway
Omaha, NE, May 6, 2024-Berkshire Hathaway held its annual shareholder meeting May 4.
Gensler Introduces New Product Sustainability Standards
San Francisco, CA, May 6, 2024—Gensler introduced new product sustainability standards last fall.
Non-Residential Construction Spending Rose 0.2% in March
Washington, DC, May 6, 2024—National nonresidential construction spending increased 0.2% in March, according to an Associated Builders and Contractors analysis of data by the U.S. Census Bureau.
Decora Rolls Out SPC Collection Using Välinge's 5G Cross Tech
Viken, Sweden, May 6, 2024—Decora has partnered with Välinge Innovation to use its 5G Cross technology in its newly introduced collection of easy-to-install SPC tiles, Arbiton Amaron FORMA.
Interface Q1 Net Sales Down 2% YOY, Income Up Substantially
Atlanta, GA, May 3, 2024-Interface reported net sales of $289.7 million for Q1 2024, down 2% from $295.8 in Q1 2023.
Floor & Décor Q1 Sales Down 2.2%, Income Down 30%
Atlanta, GA, May 3, 2024—Floor & Décor reported net sales of $1,097.3 million for Q1 2024, a decline of 2.2% from $1,122.1 million in Q1 2023.
Emser Names Jim Parello Executive Vice President of Sales
Los Angeles, CA, May 3, 2024-Emser Tile named Jim Parello as the newest member of the leadership team, serving as executive vice president (EVP) of sales.
Employment Rose by 175K in April, Unemployment Steady at 3.9%
Washington, DC, May 3, 2024—Total nonfarm payroll employment increased by 175,000 in April, and the unemployment rate changed little at 3.9%, the U.S. Bureau of Labor Statistics reported.
Dixie Group Sales Down 2.7% YOY in Q1, Net Loss of $857,000
Dalton, GA, May 2, 2024--The Dixie Group reported net sales for Q1 2024 were $65.3 million, a 2.7% decline compared to $67.1 million in the same period of the prior year.