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.

Labor Productivity Increased 4.9% in Q3

Labor Productivity Increased 4.9% in Q3

Washington, DC, November 5, 2020—Nonfarm business sector labor productivity increased 4.9% in Q3 2020, the U.S. Bureau of Labor Statistics reported, as output increased 43.5% and hours worked increased 36.8%.

Happy Feet Bolsters Sales Team

Happy Feet Bolsters Sales Team

Ringgold, GA, November 5, 2020—Happy Feet International is bolstering its sales team to support its market expansion with the addition of two market managers.

U.S. Trade Deficit Narrowed by $3.2B in September

U.S. Trade Deficit Narrowed by $3.2B in September

Washington, DC, November 4, 2020—The goods and services deficit was $63.9 billion in September, down $3.2 billion from $67.0 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Dixie Group Announces New Senior Credit Facility

Dixie Group Announces New Senior Credit Facility

Dalton, GA, November 3, 2020-The Dixie Group announced the successful negotiation of a $75 million, five year, senior secured revolving credit facility with Fifth Third Bank National Association, providing for borrowing based on percentages of values of the company's accounts receivable and inventory, and secured by a first priority interest in the company's accounts receivable and inventory.