Extended Stay Accounts for 27% of Under-Construction Projects
Portsmouth, NH, February 5, 2018—According to recent reports from Lodging Econometrics, 1,370 projects/143,344 rooms in the U.S. construction pipeline are extended-stay projects.
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.
Builder Confidence in 55+ Market Rose 12 Points in Q4
Washington, DC, February 2, 2018—Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI).
Employment Rose by 200K in January, Unemployment Steady
Washington, DC, February 2, 2018—Total nonfarm payroll employment increased by 200,000 in January, and the unemployment rate was unchanged at 4.1%, the U.S. Bureau of Labor Statistics reported.
Shaw Acquires Scotland-Based Sanquhar Tile Services
Dalton, Georgia, USA and Sanquhar, Scotland, February 1, 2018—Shaw Industries has acquired Scotland-based carpet tile manufacturer Sanquhar Tile Services (STS).
Consumer Sentiment Fell 0.2% in January
Ann Arbor, MI, February 2, 2018—Consumer sentiment fell 0.2% to 95.7 in January from December’s 95.9 rate, according to final results from the University of Michigan Survey of Consumers.
Winners of 2018 HPS Schönox Worst Subfloor Contest Announced
Las Vegas, NV, February 2, 2018—The winners of the HPS Schönox Worst Subfloor Contest were announced during a ceremony at the International Surfaces Event in Las Vegas, Nevada.
Metroflor Announces Winners of 2017 Performance Awards
Las Vegas, NV, February 2, 2018—Metroflor Corporation celebrated the 2017 sales performance of its distribution partners by bestowing its performance awards at a rock and roll celebration at the House of Blues in Mandalay Bay during The International Surface Event (Surfaces) 2018.
Emser Names Baker Bros. Its 2017 Platinum Dealer of the Year
Las Vegas, NV, February 2, 2018—Emser Tile announced Baker Bros./Arizona Flooring/Arizona Floor as its 2017 platinum dealer of the year.
Coverings Contest Deadlines Are Nearing
Arlington, VA, February 2, 2018—Coverings has announced that several of its contest deadlines are nearing.
Armstrong Shifts Distrib. Biz from Bird to Haines, Derr & OH Valley
Lancaster, PA, January 29, 2018—Armstrong has announced that it will expand the territories of three of its distribution partners and end its long-time partnership with William M. Bird.