Consumer Sentiment Reaches Highest Level Since 2004
Ann Arbor, MI, March 16, 2018—Consumer sentiment rose 2.3% to 102.0, according to preliminary results from the University of Michigan.
Today's Flooring News
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Job Openings Increased to 6.3 Million in January
Washington, DC, March 16, 2018—The number of job openings increased to 6.3 million on the last business day of January, the U.S. Bureau of Labor Statistics reported.
Industrial Production Rose 1.1% in February
Washington, DC, March 16, 2018—Industrial production rose 1.1% in February following a decline of 0.3% in January, according to the Federal Reserve.
Construction Employment Up in 248 Metro Areas in January YOY
Washington, DC, March 16, 2018—Construction employment increased in 248 out of 358 metro areas between January 2017 and January 2018, declined in 68 and stagnated in 42, according to a new analysis of federal employment data released today by the Associated General Contractors of America.
I4F Rolls Out Patent Cluster Concept
Willemstad, Curaçao, March 16, 2018—I4F has announced plans to introduce its new Patent Cluster Concept (PCC) system at this year’s DomotexAsia/Chinafloors.
Housing Starts and Permits Fell in February, Completions Rose
Washington, DC, March 16, 2018— Privately-owned housing starts in February were at a seasonally adjusted annual rate of 1,236,000, according to the U.S. Census Bureau.
Spartan Surfaces Expands Representation of American Biltrite
Bel Air, MD, March 16, 2018—In the fourth quarter of 2016, Spartan Surfaces began its relationship with American Biltrite in the Midwest market, and, today, Spartan is the sole distributor of American Biltrite in 16 states.
Builder Confidence Remained Positive in March at 70
Washington, DC, March 15, 2018—Builder confidence in the market for newly-built single-family homes edged down one point to a level of 70 in March from a downwardly revised February reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) but remains in strong territory.
Palo Duro Hardwood Announces a New Management Team
Denver, CO, March 15, 2018—Together, Tom Ruekert and Marc Schulz will assume all responsibilities for management of Palo Duro Hardwood and for Lägler North America, effective immediately.
Card Monroe Corp. Wins ColorPoint Patent Infringement Case
Chattanooga, TN, March 15, 2018—After approximately three years of litigation, the patent infringement suit brought by Card Monroe Corp. (CMC) against Tuftco Corp. (Tuftco) for infringement of CMC’s United States Patents Nos. 8,141,505, 8,359,989, and 8,776,703 has been officially concluded.