Breaking Flooring News

Consumer Sentiment Fell 6.4% in Early August

Ann Arbor, MI, August 16, 2019—Consumer sentiment fell 6.4% in early August to 92.1, from July’s 98.4 rate, according to preliminary results from the University of Michigan Survey of Consumers.

Housing Starts Fell 4.0% in July, Up 0.6% YOY

Washington, DC, August 16, 2019-Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,191,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Stifel Report Gives Thorough Analysis on Decline of Carpet Market

St. Louis, MO, August 16, 2019-Analyst Stifel has released an in-depth analysis of the carpet market.

Surfaces (TISE) to Put More Emphasis on Natural Stone

Dallas, TX, August 16, 2019-Attendees at StonExpo/Marmomac at The International Surface Event (TISE) in January 2020 will notice more natural stone on display than ever before.

China Ceramics to Expand into Southeast Asia

Jinjiang, China, August 16, 2019-China Ceramics Co., a Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, has announced its plans to enter the ceramic tile market in Southeast Asia.

Builder Confidence Rose One Point to 66 in August

Washington, DC, August 15, 2019—Builder confidence in the market for newly-built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Retail Sales Rose 0.7% in July

Washington, DC, August 15, 2019—Advance estimates of U.S. retail and food services sales for July 2019 were $523.5 billion, an increase of 0.7% from the previous month, and 3.4% above July 2018, according to the U.S. Census Bureau.

Labor Productivity Rose 2.3% in Q2 2019

Washington, DC, August 15, 2019—Nonfarm business sector labor productivity increased 2.3% in the second quarter of 2019, the U.S. Bureau of Labor Statistics reported, as output increased 1.9% and hours worked decreased 0.4%.

Former President Barack Obama to Speak at Greenbuild 2019

Washington, D.C., August 14, 2019-The U.S. Green Building Council (USGBC) and Informa Connect announced that Former President Barack Obama will speak as the Wednesday keynote of the 2019 Greenbuild International Conference and Expo.