Private Sector Employment Rose by 253K in May
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.
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.
Construction Spending Fell 1.4% in April
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.
Fuse Alliances Adds Two New Members, One New Supplier
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.
Construction Employment Increased in 217 Metro Areas in April YOY
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.
NAFCD & NBMDA Announce Details of Shared 2017 Convention
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.
Pending Home Sales Fell 1.3% in April, Second Consecutive Decline
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.
Balta Announces IPO Price Range
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.
Bill Wagner Named SVP of Innocor Foam Technologies
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.
Personal Income & Spending Rose 0.4% in April
Washington, DC, May 30, 2017—Personal income increased 0.4% to $58.4 billion in April, according to estimates released by the Bureau of Economic Analysis.
Home Prices Rose 5.8% YOY in March, S&P CoreLogic Case-Shiller
New York, NY, May 30, 2017—The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.8% annual gain in March, up from 5.7% last month and setting a 33-month high.