Bell Transitioning from CEO to Executive Chairman of Shaw, Baucom Named Successor
Dalton, GA, March 11, 2021-Shaw Industries has announced that Vance Bell has been named executive chairman and will be stepping down as CEO effective April 5.
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.
Starnet Enhancing Online Presence
Columbus, OH, March 11, 2021-Starnet Commercial Flooring will launch phase one of a digital transformation initiative on March 31.
U.S. Growth Expected to Drive Rebound in World Economy
New York, NY, March 11, 2021—"A surprisingly strong surge in U.S. growth will drive a sharp rebound in the world economy this year, but the strength of the American bounce could unbalance weaker economies, particularly in the developing world,” reports the Wall Street Journal.
DCO Commercial Floors Forecasting 45% Growth for 2021
Braselton, GA, March 10, 2021--Despite the challenges of the current COVID-era pandemic, DCO Commercial Floors revenues in 2020 slightly exceeded industry performance, and 2021 revenues are expected to grow by 45%. The company doubled its backlog in 2020 and revenue projections for 2021, including all divisions, are more than $100 million.
Stainmaster Named Flooring Sponsor of American Kennel Club
New York, NY, March 11, 2021—The American Kennel Club (AKC), the world's largest purebred dog registry and leading advocate for dogs, is pleased to announce Stainmaster brand as the official flooring sponsor of AKC televised events.
Job Openings Steady at 6.9 Million in January
Washington, DC, March 11, 2021—The number of job openings changed little at 6.9 million on the last business day of January, the U.S. Bureau of Labor Statistics reported.
Jobless Claims Fell by 42K to 712K in First Week of March
Washington, DC, March 11, 2021—In the week ending March 6, the advance figure for seasonally adjusted initial claims was 712,000, a decrease of 42,000 from the previous week's revised level, according to the Department of Labor.
AIA Young Architects Award Winners Announced
Washington, DC, March 11, 2021—The American Institute of Architects (AIA) has selected 20 recipients for the AIA Young Architects Award.
Consumer Prices Rose 0.4% in February
Washington, DC, March 10, 2021-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% in February on a seasonally adjusted basis after rising 0.3% in January, the U.S. Bureau of Labor Statistics reported.
Mortgage Applications Decreased 1.3% in First Week of March
Washington, DC, March 10, 2021-Mortgage applications decreased 1.3% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 5, 2021.