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.

Houzz Reports on Renovation Spending Trends

Houzz Reports on Renovation Spending Trends

Palo Alto, CA, June 6, 2019—Spend in kitchen remodels, the most popular room to renovate, jumped 27% in the past year to a median spend of $14,000, according to the eighth annual Houzz & Home survey of more than 140,000 U.S. respondents.

Labor Productivity Rose 3.4% in Q1

Labor Productivity Rose 3.4% in Q1

Washington, DC, June 6, 2019-Nonfarm business sector labor productivity increased 3.4% in the first quarter of 2019, the U.S. Bureau of Labor Statistics reported, as output increased 3.9% and hours worked increased 0.5%.

Empire Today CEO Bullish on Recovery of Carpet Popularity

Empire Today CEO Bullish on Recovery of Carpet Popularity

New York, NY, June 6, 2019-Keith Weinberg, CEO of Empire Today, a shop-at-home flooring concept owned by HIG Capital, is hopeful that his company’s new Home Fresh carpet product may reinvigorate interest in the floorcovering, reports Bloomberg.

Goods & Services Deficit Fell $1.1 Billion in April

Goods & Services Deficit Fell $1.1 Billion in April

Washington, DC, June 6, 2019-The goods and services deficit was $50.8 billion in April, down $1.1 billion from $51.9 billion in March, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.