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.
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.
Roseland, NJ, November 4, 2020—Private sector employment increased by 365,000 jobs from September to October, according to the October ADP National Employment Report.
Kansas City, MO, November 4, 2020-On September 5, the 21st George Buckhardt Memorial Golf Outing, benefitting flooring installers and their families, was held in Fort Wayne, Indiana, in honor of George Buckhardt.
Atlanta, GA, November 4, 2020—International Market Centers (IMC) is offering an hour-long webinar addressing how to take advantage of lessons learned during the COVID-19 pandemic to best plan for the future.
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.
Washington, DC, November 3, 2020—New orders for manufactured goods in September, up five consecutive months, increased $5.2 billion or 1.1% to $475.0 billion, the U.S. Census Bureau reported. This followed a 0.6% August increase.
Richmond, VA, November 2, 2020-LL Flooring, formerly known as Lumber Liquidators, reported Q3 net sales of $296 million, an increase of 12.1% compared to Q3 2019’s $264 million.
Washington, DC, November 2, 2020—Construction spending during September 2020 was estimated at a seasonally adjusted annual rate of $1,414.0 billion, 0.3% above the revised August estimate of $1,410.4 billion, according to the U.S. Census Bureau.
Tempe, AZ, November 2, 2020—The October Manufacturing Purchasing Managers’ Index (PMI) registered 59.3%, up 3.9 percentage points from the September reading of 55.4% and the highest since September 2018 (59.3%), according to the Manufacturing ISM Report On Business.
Viken, Sweden, November 2, 2020—Välinge is pleased to announce that Elias Wilf, servicing the mid-Atlantic market from North Carolina to New York, has signed up to be the first residential distributor of Välinge Flooring’s new range of XXL hardwood flooring.