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.

PMI Dips Slightly to 49% in November

PMI Dips Slightly to 49% in November

Tempe, AZ, January 3, 2022- The November Manufacturing Purchasing Managers’ Index (PMI) registered 49%, 1.2 percentage points lower than the 50.2% recorded in October, according to the latest Manufacturing ISM Report On Business.

Consumer Spending Softened Before Holidays

Consumer Spending Softened Before Holidays

Washington, DC, January 3, 2023—"The U.S. economy showed fresh signs of slowing late this year as consumer spending and business demand softened and inflation eased,” reports the Wall Street Journal.

More Companies Requiring a Return to Office in 2023

More Companies Requiring a Return to Office in 2023

Washington, DC, January 3, 2023—"Companies including investment giant Vanguard Group, workplace technology company Paycom Software Inc. and others have sent directives to employees in recent weeks, urging workers to follow existing hybrid schedules or to come into the office on additional days in 2023, according to internal memos viewed by The Wall Street Journal and interviews with employees. In some cases, bosses have told those who fail to comply that they could face termination within weeks.”

Floorcloud & Consolidated Flooring Form Partnership

Floorcloud & Consolidated Flooring Form Partnership

New York, NY, January 2, 2023—Floorcloud and Consolidated Flooring announced their partnership to bring the New York and Chicago market areas a new technology platform to enhance the level of jobsite quality control occurring on many of the largest commercial construction projects in each region.

New-Home Sales Rose 5.8% in November

New-Home Sales Rose 5.8% in November

Washington, DC, December 23, 2022—Sales of new single-family houses in November 2022 were at a seasonally adjusted annual rate of 640,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 5.8% above the revised October rate of 605,000 but 15.3% below the November 2021 estimate of 756,000.