Breaking Flooring News

Consumer Sentiment Rose 3.1% in Early November

Ann Arbor, MI, December 6, 2024—Consumer sentiment rose 3.1% to 74.0 from 71.8 in early November, according to preliminary results from the University of Michigan Survey of Consumers.

Employment Rose by 227,000 in November

Washington, DC, December 6, 2024—Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported.

Pantone Names Mocha Mousse the 2025 Color of the Year

Carlstadt, NJ, December 6, 2024—Pantone has named Mocha Mousse the 2025 color of the year.

Construction Industry Added 10,000 Jobs in November

Washington, DC, December 6, 2024—The construction industry added 10,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 211,000 jobs, an increase of 2.6%.

Cyncly Acquires Broadlume

London, UK, December 5, 2024-Cyncly, a global provider of software and content solutions, has agreed to purchase Broadlume, a provider of digital marketing, visualization and business management software focused on the flooring business.

Fishman Acquires WJ Grosvenor

Baltimore, MD, December 5, 2024—L. Fishman & Son, the holding company owning Fishman Flooring Solutions, a distributor of flooring and flooring installation supplies, has purchased WJ Grosvenor, a distributor of flooring supplies, tools, and accessories in the Northeast U.S.

Trade Deficit Narrowed by $10 Billion in October

Washington, DC, December 5, 2024— The goods and services deficit was $73.8 billion in October, down $10.0 billion from $83.8 billion in September, revised, according to the Bureau of Economic Analysis.

Initial Jobless Claims Rose by 9,000 in Week Ending November 30

Washington, DC, December 5, 2024—In the week ending November 30, the advance figure for seasonally adjusted initial claims was 224,000, an increase of 9,000 from the previous week's revised level, according to the Department of Labor.

Construction Job Openings Down 164,000 YOY in October

Washington, DC, December 4, 2024—The construction industry had 249,000 job openings on the last day of October, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.

Centricity & FEI Group Form Partnership

St. Petersburg, FL, December 4, 2024-Centricity, a provider of protection coverage for home purchases, has partnered with FEI Group, a member-driven organization in the flooring and home finishes industry, to roll out Nationwide Marketing Group’s EPIC Protect program.

Shaw Sports Turf Selected for College Football Playoff for 2nd Year

Dalton, GA, December 4, 2024-The Shaw Sports Turf brand will be The Official Synthetic Turf Provider of the College Football Playoff (CFP) for the second year in a row.

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