Today's Flooring News

  1. Home
  2. 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.

Trade Deficit Narrowed in March by $6.5 Billion

Trade Deficit Narrowed in March by $6.5 Billion

Washington, DC, May 4, 2016—The goods and services deficit was $40.4 billion in March, down $6.5 billion from $47.0 billion in February, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Dixie Group's Net Sales for Q1 Represent 6.9% YOY Loss

Dixie Group's Net Sales for Q1 Represent 6.9% YOY Loss

Dalton, GA, May 4, 2016—For the first quarter of 2016, The Dixie Group had net sales of $89,234,000, or a loss of $0.30 earnings per share, compared to net sales of $95,855,000 in the first quarter of 2015, or a loss of $0.16 earnings per share.

Factory Orders up 1.1% in March

Factory Orders up 1.1% in March

Washington, DC, May 4, 2016—New orders for manufactured goods in March, up two of the last three months, increased $5.0 billion or 1.1% to $458.4 billion, the U.S. Census Bureau reported.

Labor Productivity Shrank by 1.0% in Q1

Labor Productivity Shrank by 1.0% in Q1

Washington, DC, May 4, 2016—Nonfarm business sector labor productivity decreased at a 1.0% annual rate during the first quarter of 2016, the U.S. Bureau of Labor Statistics reported, as output increased 0.4% and hours worked increased 1.5%.

April Auto Sales Beat Record Set in 2005

Washington, DC, May 4, 2016—U.S. new car and light-truck sales reached 1.5 million in April, a 3.6% increase from a year earlier, according to data provider Autodata Corp.