Industrial Production Unchanged in October
Washington, DC, November 16, 2016—Industrial production was unchanged in October after decreasing 0.2% in September, according to the Federal Reserve.
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.
DSM-Niaga Ready for Production of 100% Recyclable Carpets
Zwolle, NL, November 16, 2016—DSM-Niaga, a joint venture of DSM and start-up company Niaga, has announced that its Niaga technology is ready for commercial-scale production of recyclable carpets.
Builder Confidence Flat in November at 63
Arlington, VA, November 16, 2016—Builder confidence in the market for newly-built single-family homes held steady in November at a level of 63 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Coverings Rock Stars Program Accepting Nominations
Arlington, VA, November 16, 2016--Coverings Rock Stars is an Emerging Leaders Program that honors the biggest and brightest young talent in the tile and stone industry.
Leading Carpet Mills to Raise Prices in Early January
Calhoun, GA, Dalton, GA, November 15, 2016—Engineered Floors, Mohawk Industries and Shaw Industries have all sent out customer letters announcing price increases of 1% to 5%, effective in the new year.
Home Depot Q3 Sales Rose by 6.1% YOY, EPS Up 18.5%
Atlanta, GA, November 15, 2016—The Home Depot reported sales of $23.2 billion for the third quarter of fiscal 2016, a 6.1% increase from the third quarter of fiscal 2015.
Ray C. Anderson Foundation Commits $500K to Project Drawdown
Atlanta, GA, November 15, 2016—The Ray C. Anderson Foundation has awarded a $500,000 challenge grant to Project Drawdown, a global initiative based on meticulous research and subsequent traditional and online publications that analyzes how and when we can
Retail Sales Rose 0.8% in October, 4.3% YOY
Washington, DC, November 15, 2016—Advance estimates of U.S. retail and food services sales for October were $465.9 billion, an increase of 0.8% from the previous month, and 4.3% above October 2015, the U.S. Census Bureau announced.
Sept. Distributive Trade Sales & Manufacturers' Shipments Up 0.7%
Washington, DC, November 15, 2016—The combined value of distributive trade sales and manufacturers’ shipments for September was estimated at $1,314.6 billion, up 0.7% from August 2016 and was up 0.8% from September 2015, the U.S. Census Bureau announced.
BDNY Wraps Up Seventh Edition in New York
New York, NY, November 15, 2016—The seventh edition of BDNY (Boutique Design Trade Fair) was held in the Jacob K. Javits Center, November 13 and 14.