Job Openings Rose to 8.1 Million in May
Washington, DC, July 2, 2024-The number of job openings rose to 8.1 million on the last business day of May from a downwardly revised 7.91 million in April, the U.S. Bureau of Labor Statistics reported.
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.
Developer Spending $275M Renovating TX Plaza to Attract Luxury Retailers
New York, NY, July 2, 2024-"A Texas developer is spending $275 million on one of America’s oldest shopping centers, betting that he can tap in to booming demand for luxury goods by overhauling the more than century-old Kansas City, Mo., property,” reports the Wall Street Journal.
Flooring Sustainability Summit Announces Closing Keynotes
Arlington, VA, July 2, 2024—Three closing keynote speakers have been announced for the 2024 Flooring Sustainability Summit taking place July 17 and 18 in Washington, D.C.
Florim Relocates London Store
London, UK, July 2, 2024-Florim has opened a new flagship store in London in the Clerkenwell design district, moving from its prior location in the city to 56-60 St John St, Grant House Ground floor.
May Construction Spending Declined 0.1% from April, Up 6.4% YOY
Washington, DC, July 1, 2024—Construction spending during May 2024 was estimated at a seasonally adjusted annual rate of $2,139.8 billion, 0.1% below the revised April estimate of $2,142.1 billion, according to the U.S. Census Bureau.
America's Floor Source Opens New Headquarters in Columbus, OH
Columbus, OH, July 1, 2024-America’s Floor Source, an Ohio-based flooring retailer with 12 locations in four states, held a grand opening of a new headquarters in Columbus, Ohio on June 27.
Cash Poor LL Flooring to Sell Virginia Distribution Center
Richmond, VA, July 1, 2024-"LL Flooring Holdings on Friday said it may run out of cash in the third quarter and has started the sale process of its Virginia distribution center to improve its liquidity,” reports MarketWatch.
Cushman & Wakefield Reports on Commercial Property Activity
Chicago, IL, July 1, 2024-Cushman & Wakefield, a global commercial real estate services firm for property owners and occupiers, issued the following information as part of its mid-2024 report.
Purchasing Managers' Index Inched Down to 48.5% in June
Tempe, AZ, July 1, 2024—The Manufacturing Purchasing Managers’ Index (PMI) registered 48.5% in June, down 0.2 percentage point from the 48.7% recorded in May, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Nourison Home Names Wayne Pezzino Vice President of Sales
Saddle Brook, NJ, July 1, 2024—Nourison Home has appointed Wayne Pezzino as the new vice president of sales.