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.

Orders For Manufactured Goods Declined 0.7% in February

Orders For Manufactured Goods Declined 0.7% in February

Washington, DC, April 4, 2023-New orders for manufactured goods in February, down three of the last four months, decreased $3.9 billion or 0.7% to $536.4 billion, the U.S. Census Bureau reported. This followed a 2.1% January decrease.

Gerflor Acquires SnapLock Industries

Gerflor Acquires SnapLock Industries

Bolingbrook, IL, April 3, 2023—Gerflor, a designer and manufacturer of specialized flooring for sport, commercial and residential environments, has acquired SnapLock Industries, a developer and manufacturer in the modular surface category.

Construction Spending Inched Down 0.1% in February

Construction Spending Inched Down 0.1% in February

Washington, DC, April 3, 2023—Construction spending during February 2023 was estimated at a seasonally adjusted annual rate of $1,844.1 billion, 0.1% below the revised January estimate of $1,845.4 billion, according to the U.S. Census Bureau.

Saudi-Led Oil Producers to Decrease Output, Increasing Oil Prices

Saudi-Led Oil Producers to Decrease Output, Increasing Oil Prices

Washington, DC, April 3, 2023-"A group of large oil producers led by Saudi Arabia said Sunday they would cut more than a million barrels of output a day starting next month, a surprise move that upset Washington and led to a jump in crude prices amid concerns about the global economy,” reports the Wall Street Journal.