Consumer Confidence Down 2.9% in July but Remains Positive Overall
Ann Arbor, MI, July 20,2015—Consumer sentiment fell 2.9% to 93.3 in July from June’s 96.1, according to preliminary results from the University of Michigan’s Survey of Consumers.
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.
Jaipur Adds Designer Nikki Chu as Licensed Partner
Atlanta, GA, July 20, 2015—Jaipur Rugs has added designer Nikki Chu as a licensed partner.
CFI & Carpet One Partner for Training Session in Union City, CA
Kansas City, MO, July 20, 2015—For two days in June, flooring installers had the opportunity to attend a CFI Training and Certification for Carpet in Union City, California at the Shaw distribution facility.
Homebuilder Sentiment Stands at Highest Reading Since November 2005
Washington, DC, July 17, 2015—Home builder sentiment stood at 60 in July, the highest level since November 2005, according to the National Association of Home Builders.
Management of XGS Acquires Controlling Interest in Business
Chattanooga, TN, July 17, 2015—Xpress Global Systems’ (XGS) executive management, along with investors, has acquired controlling interest of Xpress Global Systems from former parent company US Xpress Enterprises.
Uniboard Investing in New Wood Fibre Mat-Preheating Technology
Laval, QC, July 17, 2015—Uniboard is investing over $7 million in its Mont-Laurier MDF plant to increase the productivity of the plant through the use of a new wood fibre mat-preheating technology.
Housing Starts Surged in June, Rising 9.8%
Washington, DC, July 17, 2015—New home construction rose 9.8% in June to a seasonally adjusted annual rate of 1,174,000, according to the Commerce Department.
Consumer Price Index up 0.3% in June
Washington, DC, July 17, 2015—The Consumer Price Index for All Urban Consumers increased 0.3% in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reports.
Foreclosure Filings Down 13% in First Half of 2015, Says RealtyTrac
Irvine, CA, July 17, 2015—RealtyTrac released its Midyear 2015 U.S. Foreclosure Market Report, which shows a total of 597,589 U.S. properties with foreclosure filings in the first half of 2015, down 13% from the previous six months.
Carpet One Floor & Home Rolls Out New Digital Marketing Tools
Grapevine, TX, July 17, 2015—At its annual summer convention, Carpet One Floor & Home announced new digital marketing programs.