Fuse Welcomes Two New Members & One New Supplier
Laguna Niguel, CA, April 5, 2017—Fuse Alliance has announced that two new commercial flooring contractors have joined its network: Allegiance Floors and Garmon & Company.
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.
ISM Service Sector Index Reports Contraction in February
Tempe, AZ, April 5, 2017—The Non-Manufacturing Index registered 55.2%, which is 2.4 percentage points lower than the February reading of 57.6%, according to the Non-Manufacturing ISM Report On Business.
Home Prices Rose 1% in February, Up 7% YOY
Irvine, CA, April 5, 2017—Home prices nationwide, including distressed sales, increased year over year by 7% in February 2017 compared with February 2016 and increased month over month by 1% in February 2017 compared with January 2017, according to the CoreLogic Home Price Index.
Forbo Announces Price Increase
Hazleton, PA, April 5, 2017–-Forbo Flooring Systems is implementing a 3% price increase on all commercial and residential flooring and sundry products, effective May 1.
Coverings 2017 Starts Today
Orlando, FL, April 4, 2017—Coverings, the largest tile show in North American, kicks off today in Orlando, Florida at the Orange County Convention Center.
Orders for Manufactured Goods Up 1.0% in February
Washington, DC, April 4, 2017—New orders for manufactured goods in February, up seven of the last eight months, increased $4.8 billion or 1.0% to $476.5 billion, the U.S. Census Bureau reported. This followed a 1.5% January increase.
Construction Spending Rose 3.0% YOY in February
Arlington, VA, April 4, 2017—Construction spending in February totaled $1.192 trillion at a seasonally adjusted annual rate, up 0.8% from January and 3.0% from the February 2016 level, according to an analysis by the Associated General Contractors of America.
Goods and Services Deficit Declined in February
Washington, DC, April 4, 2017—The goods and services deficit was $43.6 billion in February, down $4.6 billion from $48.2 billion in January, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced.
Salone del Mobile.Milano Opens Its Doors Today
Milan, IT, April 4, 2017—Salone del Mobile.Milano, a furniture expo in Milan, Italy, kicks off today.
Alan Clements of Al's Carpet Flooring & Design Center Dies
Loves Park, IL, April 4, 2017—Alan Thomas Clements, 65, of Al’s Carpet Flooring & Design Center, died on March 31.