Frank Boykin Rejoins Mohawk as Chief Financial Officer
Calhoun, GA, April 16, 2020-Mohawk has announced the appointment of Frank H. Boykin as chief financial officer.
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.
Housing Starts Fell 22.3% in March
Washington, DC, April 16, 2020-Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,216,000, 22.3% below the revised February estimate of 1,564,000 but 1.4% above the March 2019 rate of 1,199,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Ceramics of Italy Announces its Coverings Connected Schedule
New York, NY, April 16, 2020-Ceramics of Italy will take part in Coverings Connected from April 20 to 23.
AHF Announces Lay-Offs & Furloughs at Beverly, WV Plant
Beverly, WV, April 16, 2020-The AHF hardwood flooring plant in Beverly announced temporary furloughs and layoffs affecting 215 employees on Wednesday, including some of the company’s union employees, who have been working without a contract since February 23, reports The Inter-Mountain.
Mohawk's Airo Wins Bronze Edison Award
Calhoun, GA, April 16, 2020—The Edison Awards winners were announced on April 15, and Mohawk’s Airo hypoallergenic soft flooring took the bronze for the consumer goods— home solutions category.
NFA Cancels Spring Meeting, Pushes Cabo to October 2021
Cincinnati, OH, April 15, 2020-The National Floorcovering Alliance (NFA) has cancelled its spring meeting, originally scheduled for March and then rescheduled for May.
CCA Global Cancels Summer Convention but Plans Virtual Alternative
Manchester, NH, April 14, 2020-CCA Global Partners has determined that its annual 2020 summer conventions for its cooperative flooring groups will be going digital.
Retail Sales Down 8.7% in March
Washington, DC, April 15, 2020-Advance estimates of U.S. retail and food services sales for March 2020 were $483.1 billion, a decrease of 8.7% from the previous month and 6.2% below March 2019, according to the U.S. Census Bureau.
Confidence in Single-Family Housing Market Fell 42 Point in April
Washington, DC, April 15, 2020—Reflecting the growing effects of the COVID-19 pandemic, builder confidence in the market for newly-built single-family homes plunged 42 points in April to 30, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).
Industrial Production Dropped 5.4% in March
Washington, DC, April 15, 2020—Total industrial production fell 5.4% in March, as the COVID-19 (coronavirus disease 2019) pandemic led many factories to suspend operations late in the month, according to the Federal Reserve.