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.
Washington, DC, February 28, 2018—Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, according to the second estimate released by the Bureau of Economic Analysis.
Mooresville, NC, February 28, 2018—Lowe’s Companies reported net earnings of $554 million for Q4 2017, a decrease of 19.7%, compared to net earnings of $663 million in Q4 2016.
Washington, DC, February 28, 2018—The Pending Home Sales Index fell 4.7% to 104.6 in January from a downwardly revised 109.8 in December 2017, according to the National Association of Realtors. After last month’s retreat, the index is now 3.8% below a year ago and at its lowest level since October 2014 (104.1).
Horsham, PA, February 28, 2018—Toll Brothers reported revenues of $1.2 billion for Q1 2018, an increase of 28% compared to Q1 2017’s $920 million.
Chattanooga, TN, February 28, 2018—The deadline for the 2018 Vision Design Awards has been extended until March 9.
Wauwatosa, WI, February 28, 2018—Bostik, Inc. has announced its new partnership with Starnet Worldwide Commercial Flooring Partnership.
Norwalk, CT, February 27, 2018—Metroflor Corporation announced promotions, role changes and territory adjustments in its sales organization.
New York, February 27, 2018—The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.3% annual gain in December, up from 6.1% in the previous month.
Washington, DC, February 27, 2018—New orders for manufactured durable goods in January decreased $9.2 billion or 3.7% to $239.7 billion, the U.S. Census Bureau announced.
Toano, VA, February 27, 2018—Lumber Liquidators reported Q4 2017 sales of $260 million, a 6.1% increase from Q4 2016’s $245 million. Comparable store sales grew 4.5%.