Job Cuts Fell 12.6% in May
Chicago, IL, May 31, 2018—Job cuts announced by U.S.-based employers fell 12.6%, from 36,081 in April to 31,517 in May, according to Challenger, Gray & Christmas, Inc.
Today's Flooring News
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Construction Employment Rose in 256 or 358 Areas YOY in April
Arlington, VA, May 31, 2018—Construction employment increased in 256 out of 358 metro areas between April 2017 and April 2018, declined in 63 and was unchanged in 39, according to a new analysis of federal employment data released today by the Associated General Contractors of America.
Emser & Century Communities Renew Partnership
Los Angeles, CA, May 31, 2018—On the heels of the builder’s 78.3% growth in closings from 2015 to 2017, Emser Tile and Century Communities announced they will renew their exclusive tile and natural stone provider partnership.
Mohawk's Acquisition of Godfrey Hirst Delayed to Q3
St. Louis, MO, May 30, 2018—Analyst Stifel reports that Mohawk’s acquisition of Godfrey Hirst, slated for the end of May, will be delayed.
Forbo Announces Freight & Delivery Charge
Hazleton, PA, May 30, 2018—Forbo Flooring Systems will be implementing a 1.2% freight and delivery charge on all U.S. and Canada material orders, effective July 1.
Upper Midscale-Upscale Hotel Construction Pipelines Most Active
Portsmouth, NH, May 30, 2018—The upper midscale and upscale pipelines together comprise 72% of all projects in the total pipeline, according to analysts at Lodging Econometrics (LE).
Q1 2018 GDP Revised Down Slightly
Washington, DC, May 30, 2018—Real gross domestic product (GDP) increased at an annual rate of 2.2% in the first quarter of 2018, according to the second estimate released by the Bureau of Economic Analysis.
Mannington Donates Flooring to Habitat for Humanity
Salem, NJ, May 30, 2018—Mannington has a partnership with Habitat for Humanity in which it donates flooring used for trade show booths and other marketing functions to the organization.
Private Sector Employment Rose by 178,000 in May
Roseland, NJ, May 30, 2018—Private sector employment increased by 178,000 jobs from April to May, according to the May ADP National Employment Report.
LL Names Charles Tyson Chief Customer Experience Officer
Toano, VA, May 30, 2018—Lumber Liquidators has appointed Charles Tyson as chief customer experience officer.