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.

Brintons Reports 81% Earnings Increase YOY

Brintons Reports 81% Earnings Increase YOY

Atlanta, GA, February 9, 2017—Axminster carpet manufacturer Brintons Carpets Limited is reporting an 81% increase in year-over-year earnings (EBITDA) from £8.0m to £14.5m (equivalent to $9.9 million to $17.9 million at today’s exchange rate) with a margin of 16.3%.

Shaw Announces Houzz Marketing Program for Retailers

Shaw Announces Houzz Marketing Program for Retailers

Dalton, GA, February 8, 2017—Shaw Floors is participating in a program on Houzz to help retailers connect with the more than 40 million people who use Houzz every month to renovate and design their homes from start to finish.

T.M. Nuckols Named EVP of Dixie Residential

T.M. Nuckols Named EVP of Dixie Residential

Dalton, GA, February 8, 2017—Dixie Group is pleased to announce that Thomas Martin (T.M.) Nuckols, Jr. joined The Dixie Group on February 6 as executive vice president of Dixie Residential and will be located at the corporate offices in Dalton, Georgia.

Home Prices Rose 7.2% YOY in December, Says CoreLogic

Home Prices Rose 7.2% YOY in December, Says CoreLogic

Irvine, CA, February 7, 2017—Home prices nationwide, including distressed sales, increased year over year by 7.2% in December 2016 compared with December 2015 and increased month over month by 0.8% in December 2016 compared with November 2016, according to the CoreLogic Home Price Index.

U.S. Trade Deficit Narrowed in December

U.S. Trade Deficit Narrowed in December

Washington, DC, February 7, 2017—The goods and services deficit was $44.3 billion in December, down $1.5 billion from $45.7 billion in November, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, announced through the Department of Commerce.

Jan. Construction Employment Reached Highest Level Since 2008

Jan. Construction Employment Reached Highest Level Since 2008

Arlington, VA, February 6, 2017—Construction employment increased by 36,000 jobs in January to the highest level since November 2008 as employers increased pay in an effort to address a chronic worker shortage, according to an analysis of new government data by the Associated General Contractors of America.