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.
Arlington, VA, June 2, 2017—Construction spending in April totaled $1.219 trillion at a seasonally adjusted annual rate, down 1.4% from the March total, which was revised sharply higher from the government's initial estimate, according to an analysis of new government data by the Associated General Contractors of America.
Tempe, AZ, June 1, 2017—The May Purchasing Managers Index registered 54.9%, an increase of 0.1 percentage point from the April reading of 54.8%, according to the Manufacturing ISM Report On Business.
Roseland, NJ, June 1, 2017—Private sector employment increased by 253,000 jobs from April to May according to the May ADP National Employment Report.
Washington, DC, June 1, 2017—Construction spending during April 2017 was estimated at a seasonally adjusted annual rate of $1,218.5 billion, 1.4% below the revised March estimate of $1,235.5 billion, the U.S. Census Bureau reports.
Laguna Niguel, CA, June 1, 2017—Fuse Alliance has announced that two new commercial flooring contractors have joined its network: O’Neill Brothers Flooring and FloorMax.
Arlington, VA, June 1, 2017—Construction employment increased in 217 out of 358 metro areas between April 2016 and April 2017, declined in 89 and stagnated in 52, according to a new analysis of federal employment data released by the Associated General Contractors of America.
Chicago, IL, June 1, 2017—The North American Association of Floor Covering Distributors (NAFCD) and the North American Building Material Distribution Association (NBMDA) have extended their partnership in 2017.
Washington, DC, May 31, 2017— The Pending Home Sales Index decreased 1.3% to 109.8 in April from a downwardly revised 111.3 in March, according to the National Association of Realtors.
Brussels, BE, May 31, 2017—Balta plans to raise 264 million euros ($295.0 million) in its initial public offering on the Brussels stock exchange, selling its shares at between 13.25 and 16.00 euros a piece, according to Reuters.
Red Bank, NJ, May 31, 2017—Innocor—a producer of polyurethane foam products, including carpet cushion—has named Bill Wagner senior vice president of Innocor Foam Technologies.