Breaking Flooring News

March Retail Sales Rose 3.6% YOY

March Retail Sales Rose 3.6% YOY

Washington, DC, April 18, 2019-Advance estimates of U.S. retail and food services sales for March 2019 were $514.1 billion, an increase of 1.6% from the previous month, and 3.6% above March 2018, according to the U.S. Census Bureau.

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Industry News

AIA Billings Index Dips Negative After 25 Positive Months

Washington, DC, April 18, 2019-Following consistently increasing demand for design services for over two years, the Architecture Billings Index dipped into negative territory in March with a score of 47.8, according to a new report today from The American Institute of Architects (AIA).

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Remodeling Expenditures Will Slow by Q1 2020, Forecasts JCHS

Cambridge, MA, April 18, 2019—Annual gains in improvement and repair spending on the owner-occupied housing stock are projected to continue decelerating through early next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

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Tarkett Moving Canadian Manufacturing Operations to U.S.

Paris, France, April 17, 2019—Tarkett is transitioning all manufacturing activities from Waterloo, Ontario and Truro, Nova Scotia in Canada to manufacturing locations in the U.S., resulting in the closure of both the Waterloo plant, which produces flooring accessories, and the Truro plant, which produces commercial carpet rolls.

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Wholesaler Sales Inched Up 0.3% in February

Washington, DC, April 17, 2019—February 2019 sales of merchant wholesalers were $495.9 billion, up 0.3% from the revised January level and were up 2.1% from the February 2018 level, according to the U.S. Census Bureau.

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Myers Carpet Company Opens New Nashville Location

Nashville, TN, April 17, 2019—Ray and Rick Myers, owners of Myers Carpet Company, and Doug Peeples, Myers Flooring Nashville’s Manager, announce the grand opening of Myers Flooring Nashville in its completely renovated building and property at 2919 Sidco Drive in Nashville, Tennessee.

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Recent Industry Events

Interviews

Tim Baucom Discusses his Perspective on Shaw's Role as the Flooring Business Continues to Evolve

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Joe Lundgren Discusses the Latest Tile Trends Seen at the 2019 Coverings Show

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Raj Shah Discusses MSI's Growth Strategy

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Svend Hovmand Discusses Tile industry Initiatives Designed to Nurture Future Growth

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Lindsey Waldrep Discusses The Latest Fashion Trends In the Tile Market

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