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.
New York, NY, November 9, 2020-Months into the Coronavirus pandemic, countries, workers and industries that rely on making stuff-from computers to furniture to toys-are getting by, or even thriving, while those that provide face-to-face services that people avoid out of fear of infection-traveling, eating out, going to the movies and some child care-are struggling, reports the Wall Street Journal.
Hamilton Township, NJ, November 9, 2020-The Dodge Momentum Index fell 1.8% in October to 127.5 (2000=100) from the revised September reading of 129.8.
Solon, OH, November 9, 2020-Building on its long history of supporting the health of people and the planet, Tarkett North America is broadening its commitment to carbon neutrality.
Atlanta, GA, November 6, 2020-Interface reported Q3 2020 net sales of $279 million, down 20% versus $348 million in the prior year period. Declines in carpet tile were somewhat moderated by lesser declines in LVT and rubber.
Washington, DC, November 6, 2020—Record-low mortgage rates were not enough to offset inventory shortages and rising home prices as housing affordability continued to decline in the third quarter of 2020, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).
Washington, DC, November 6, 2020—Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9%, the U.S. Bureau of Labor Statistics reported.
Washington, DC, November 6, 2020—Associated General Contractors (AGC) released the results of a survey of 1,077 construction professionals, conducted October 7 to 19.
Dalton, GA, November 5, 2020—The Dixie Group reported Q3 2020 net sales of $85.9 million, a 10% decline compared to Q3 2019’s $95.4 million, though sales of residential products were up 3%.
Hamilton Township, NJ, November 5, 2020—Total construction starts dipped 18% in September to a seasonally adjusted annual rate of $667.7 billion, essentially taking back August’s gain, according to Dodge Data.
Washington, DC, November 5, 2020—The Urban Land Institute held its semi-annual real estate forecast on October 28 via webinar, and McMorrow Reports provided a list of key findings from the seminar.