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.
Washington, DC, March 3, 2015—Construction spending during January was estimated at a seasonally adjusted rate of $971.4 billion, 1.1% below the revised December estimate of $982.0 billion, reported the U.S. Census Bureau of the Department of Commerce.
Washington, DC, March 3, 2015—U.S. home prices rose 1.1% in January, reports MarketWatch. This amounts to a year-over-year gain of 5.7% says CoreLogic, which conducted the report.
Amsterdam, NL, March 3, 2015—DuPont received the 2015 Bio Business Award for Breakthrough Bio-Based Technology Platform for its Sorona biopolymer at the World Bio Markets Conference awards ceremony in Amsterdam.
Washington, DC, March 3, 2015—U.S. personal spending declined for the second consecutive month in January, reports Nasdaq.
Dalton, GA, March 3, 2015—Shaw employees Kellie Ballew; Reesie Duncan; and Deanna Mathis are being recognized with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Award.
New York, NY, March 2, 2015-- CBS’s 60 Minutes aired a program in which it reported that independent testing of Chinese-made Lumber Liquidators laminate flooring revealed 30 of 31 samples to be noncompliant with formaldehyde emissions standards.
Englewood Cliffs, NJ, March 2, 2015—Trading of Lumber Liquidators stock was halted briefly Monday morning and then continued to tumble throughout the day.
Omaha, NE, March 2, 2015—Berkshire Hathaway, owner of Shaw Industries, released its financial report on February 28, which reveals that, though its building product businesses were up as a whole in 2014, Shaw experienced a decline in earnings.
New York, NY, March 2, 2015—The pace of U.S. manufacturing growth fell in February to its slowest rate in 13 months, according to the Institute for Supply Management, reports Reuters.
Chicago, IL, March 2, 2015—Job cut announcements rose to their highest level in nearly two years in January, as falling oil prices prompted cost-cutting efforts in energy and related industries, reports Challenger, Gray, & Christmas, Inc.