Dodge Momentum Index Down 4% in November
Hamilton, NJ, December 7, 2021—The Dodge Momentum Index fell 4% in November to 171.7 (2000=100) — down from the revised October reading of 178.1.
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.
Goods & Services Deficit Narrowed by $14.3B in October
Washington, DC, December 7, 2021—The goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Zeftron Releases Radically Modern Color Booklet
Dalton, GA, December 7, 2021—Zeftron nylon, a premium nylon 6 solution-dyed yarn system for commercial carpets, announces a new design resource to inspire commercial interior designers to experiment and think about ways to take risks in their designs for commercial interior settings, including carpet.
Egger Wood Products Expanding NC Particleboard & TFL Production
Winston Salem, NC, December 6, 2021-Egger Wood Products is proceeding with the next expansion of its Lexington, North Carolina particleboard and thermally-fused laminate (TFL) plant, spending $50 million to build a recycling center and a new line, reports Journal Now.
Unilin & Zeetree Form Partnership for Rigid Board Printing & Texturing
Waregem, Belgium, December 6, 2021— Unilin Technologies and Zeetree have joined forces to promote digital printing and texturing for rigid boards.
Holiday Spending May Exceed Expectations, Says NRF
Washington, DC, December 6, 2021-The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new Covid-19 omicron variant, NRF chief economist Jack Kleinhenz reported on December 3.
Shipping Rates Most Applicable to Flooring Remain Elevated in Oct.
Washington, DC, December 6, 2018-The shipping rates most applicable to the flooring industry- China to North America (NA) West and China to NA East-have flattened from mid-September highs but remain elevated, reported Freightos on December 3.
Teknoflor Supports INSTALL with Installation Language
Washington, DC, December 6, 2021—INSTALL, a North American leader in floorcovering installation training and certification, and Teknoflor, a source for commercial resilient flooring, are growing their partnership to guarantee the high-performance flooring products are installed by skilled, knowledgeable workers, trained to meet exacting industry standards for excellence and precision.
TCNA Partners w/ Plumbing Assoc. to Develop Standards for Tiled Showers
Ontario, CA, December 6, 2021—The International Association of Plumbing and Mechanical Officials (IAPMO) and the Tile Council of North America (TCNA) have agreed to jointly develop an American and Canadian National Standard for fabricated shower tiling kits and receptors.
Orders for Manufactured Goods Declined 0.5% in October
Washington, DC, December 3, 2021—New orders for manufactured durable goods in October decreased $1.2 billion or 0.5% to $260.1 billion, the U.S. Census Bureau announced.