Coronavirus Slowing U.S. Supply Chain, Says WSJ
New York, NY, February 18, 2020-The coronavirus’s impact on business is the subject of an article in the Wall Street Journal.
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.
NWFA Releases 2020 Training Schedule
St. Louis, MO, February 17, 2020-The National Wood Flooring Association has released its 2020 Hands-On Training Calendar. These events are held at various NWFA regional training centers across the United States, Canada, and Mexico.
Floor Covering Leadership Council Disbands
Dalton, GA, February 17, 2020—The Floor Covering Leadership Council (FCLC) members have voted to disband the organization, effective immediately.
Mohawk Reports Earnings Increase, Sales Decrease for Q4
Calhoun, GA, February 14, 2020-Mohawk Industries announced a Q4 2019 net earnings increase of 15% YOY. Net sales for Q4 2019 were down 2.0% from the same quarter last year.
Retail Sales Rose 4.4% YOY in January
Washington, DC, February 14, 2020—Advance estimates of U.S. retail and food services sales for January 2020 were $529.8 billion, an increase of 0.3% from the previous month and 4.4% above January 2019, according to the U.S. Census Bureau.
Belknap White Named Distribution of the Year for Armstrong
Mansfield, MA, February 14, 2020-The Belknap White Group received the Thomas Armstrong distributor of the year award for 2019.
Coverings Announces Top Ten Tile Trends for 2020
Arlington, VA, February 14, 2020- Capra and Coverings’ sponsors Ceramics of Italy, Tile Council of North America and Tile of Spain collaborated to gather and report this year’s top ten tile trends for 2020.
Import Prices Unchanged in January
Washington, DC, February 14, 2020-U.S. import prices were unchanged in January, the U.S. Bureau of Labor Statistics reported, following 0.2% advances the two previous months.
Consumer Sentiment Rose 1.1% in Early February
Ann Arbor, MI, February 14, 2020—Consumer sentiment rose to 100.9, an increase of 1.1%, in early February, according to the University of Michigan Survey of Consumers.
Industrial Production Down 0.3% in January
Washington, DC, February 14, 2020—Industrial production declined 0.3% in January, as unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft, reports the Federal Reserve.