Breaking Flooring News

Construction Employment Rose in 42 States & DC in May YOY

Washington, DC, June 18, 2018—Forty-two states and the District of Columbia added construction jobs between May 2017 and May 2018, while 28 states added construction jobs between April and May, according to an analysis by the Associated General Contractors of America of Labor Department data.

Builder Confidence Falls Two Points in June

Washington, DC, June 18, 2018—Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

FloorFolio Expands Into Cabinets, Wall Tile & Countertops

Edison, NJ, June 18, 2018—FloorFolio announces its expansion from the flooring industry into cabinets, wall tiles, and countertops with its newly formed division, Design-Suite.

Consumer Sentiment Rose 1.3% in Early May

Ann Arbor, MI, June 15, 2018—Consumer sentiment rose 1.3% to 99.3 in early June from May’s 98.0 rate, according to the University of Michigan Survey of Consumers.

List of Chinese Goods to Be Tarriffed Does Not Include Flooring

Washington, DC, June 15, 2018—President Donald Trump announced that the U.S. would apply tarriffs of 25% to around $50 billion worth of Chinese imports, reports Business Insider.

30%+ of Multifam Development Cost Due to Regulation, Says NAHB

Washington, DC, June 15, 2018—Regulation imposed by all levels of government accounts for an average of 32.1% of multifamily development costs, according to new research released today by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC).

Industrial Production Inched Down in May

Washington, DC, June 15, 2018—Industrial production edged down 0.1% in May after rising 0.9% in April, according to the Federal Reserve.

Mannington Announces Student Winners of Scholarships

Salem, NJ, June 15, 2018—Mannington Mills is a corporate sponsor of the National Merit Scholarship Corporation and underwrites a scholarship for children of its associates.

Interface to Acquire Nora

Atlanta, GA, June 14, 2018—Interface has signed a definitive agreement to acquire Nora Systems in a stock purchase transaction valued at approximately $420 million.

Retail Sales Rose 5.9% YOY in May

Washington, DC, June 14, 2018—Advance estimates of U.S. retail and food services sales for May 2018 were $502.0 billion, an increase of 0.8% from the previous month, and 5.9% above May 2017, according to the U.S. Census Bureau.

Five Manus. Announced Living Product Certifications at NeoCon

Chicago, IL, June 13, 2018—Five different manufacturers are celebrating ten Living Product certifications at NeoCon 2018, bringing the total number of Living Product certifications to 20.

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