Private Sector Employment Rose by 158K in June
Roseland, NJ, July 6, 2017— Private sector employment increased by 158,000 jobs from May to June, according to the June ADP National Employment Report.
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.
Non-Manufacturing Expanded in June to 57.4%
Tempe, AZ, July 6, 2017—The Non-Manufacturing Index (NMI) registered 57.4%, which is 0.5 percentage point higher than the May reading of 56.9%, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business.
Mohawk Wins Two Patent Protection Cases
St. Louis, MO, July 6, 2017—Mohawk won two separate legal cases last week as it relates to its patent protections, Stifel reports.
Manufacturing Expanded to 57.8% in June
Tempe, AZ, July 5, 2017—The June PMI registered 57.8%, an increase of 2.9 percentage points from the May reading of 54.9%, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Orders for Manufactured Goods Fell 0.8% in May
Washington, DC, July 5, 2017—New orders for manufactured goods in May, down two consecutive months, decreased $3.7 billion or 0.8% to $464.9 billion, the U.S. Census Bureau reported.
Home Prices Rose 6.6% YOY in May, Says CoreLogic
Irvine, CA, July 5, 2017—Home prices nationally increased year over year by 6.6% from May 2016 to May 2017, and on a month-over-month basis, home prices increased by 1.2% in May 2017 compared with April 2017, according to the CoreLogic Home Price Index (HPI) and HPI Forecast.
Construction Spending Held Steady in May at $1.23 Trillion
Washington, DC, July 5, 2017—Construction spending in May totaled $1.230 trillion at a seasonally adjusted annual rate, unchanged from the upwardly revised April total, according to an analysis of new government data by the Associated General Contractors of America.
Rieter of Switzerland Acquires SSM Textile Machinery Division
Winterthur, Switzerland, July 3, 2017—On June 30, Rieter acquired the SSM Textile Machinery Division (SSM) from Schweiter Technologies AG, Horgen (Switzerland).
Keene Purchases Village Plastics Company
Cleveland, OH, July 3, 2017—Keene Family of Companies announces an addition to its portfolio: Village Plastics Company.
CFI Releases Convention and Training Schedule Details
Lenexa, WS, July 3, 2017—Certified Flooring Installers will hold its annual convention at the Rosen Shingle Creek Resort in Orlando, Florida, August 16 to 18. Registration is available here: https://www.cficonvention.com.