Stifel Report Gives Thorough Analysis on Decline of Carpet Market
St. Louis, MO, August 16, 2019-Analyst Stifel has released an in-depth analysis of the carpet market.
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.
Surfaces (TISE) to Put More Emphasis on Natural Stone
Dallas, TX, August 16, 2019-Attendees at StonExpo/Marmomac at The International Surface Event (TISE) in January 2020 will notice more natural stone on display than ever before.
China Ceramics to Expand into Southeast Asia
Jinjiang, China, August 16, 2019-China Ceramics Co., a Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, has announced its plans to enter the ceramic tile market in Southeast Asia.
Builder Confidence Rose One Point to 66 in August
Washington, DC, August 15, 2019—Builder confidence in the market for newly-built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Retail Sales Rose 0.7% in July
Washington, DC, August 15, 2019—Advance estimates of U.S. retail and food services sales for July 2019 were $523.5 billion, an increase of 0.7% from the previous month, and 3.4% above July 2018, according to the U.S. Census Bureau.
Labor Productivity Rose 2.3% in Q2 2019
Washington, DC, August 15, 2019—Nonfarm business sector labor productivity increased 2.3% in the second quarter of 2019, the U.S. Bureau of Labor Statistics reported, as output increased 1.9% and hours worked decreased 0.4%.
Former President Barack Obama to Speak at Greenbuild 2019
Washington, D.C., August 14, 2019-The U.S. Green Building Council (USGBC) and Informa Connect announced that Former President Barack Obama will speak as the Wednesday keynote of the 2019 Greenbuild International Conference and Expo.
Tim Chavey of Armstrong Flooring Has Died
Fair Oaks, CA, August 15, 2019—Timothy Chavey, technical services manager with Armstrong Flooring, died August 14 at his home.
Industrial Production Fell 0.2% in July
Washington, DC, August 15, 2019—Industrial production declined 0.2 percent in July, according to the Federal Reserve.
Domo Under Review as 3rd-Party Buyer for Solvay Polyamide Biz
Brussels, Belgium, August 15, 2019—Domo is being reviewed as third-party buyer with BASF to acquire Solvay’s polyamide business.