U.S.-China Trade Talks End With No Significant Progress Made
Shanghai, China, July 31, 2019—The U.S. and China talks in Shanghai, China have ended for now with no notable progress made.
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.
Consumer Spending Remained Healthy in Early Summer
Washington, DC, July 31, 2019—Consumers continued to spend at a healthy clip and stayed confident heading into the summer, while inflation remained soft, reports the Wall Street Journal.
Private Sector Employment Rose by 156K in July
Roseland, NJ, July 31, 2019-Private sector employment increased by 156,000 jobs from June to July, according to the July ADP National Employment Report.
Bonitz Promotes Tanya Jones to Director of Sales, Greenville
Greenville, SC, July 31, 2019—Bonitz has announced the promotion of Tanya Jones to director of sales in the Greenville market.
Pending Home Sales Rose 2.8% in June
Washington, DC, July 30, 2019—The Pending Home Sales Index moved up 2.8% to 108.3 in June, up from 105.4 in May, according to the National Association of Realtors. Year-over-year contract signings jumped 1.6%, snapping a 17-month streak of annual decreases.
Home Prices Rose 3.4% YOY in May, Says Case-Shiller
New York, NY, July 30, 2019—Home prices made a 3.4% annual gain in May, down from 3.5% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
Galleher Acquires Aged Timber, Hires Its Founder
Santa Fe Springs, CA, July 30, 2019-Galleher has acquired the assets of Aged Timber and hired Greg Glasnow, Aged Timber’s founder, to run its custom finishing facility, Royal Custom Plank & Parquet (RCP).
Mohawk Reveals Strategy & Updates in Q2 Conference Call
Calhoun, GA, July 30, 2019-During Mohawk’s Q2 conference call on July 26, 2019, the company announced the following,
Creative Materials Corporation Announces Transition in Ownership
Albany, NY, July 30, 2019-Creative Materials Corporation-a supplier of tile, brick, stone, paver systems, and other related building materials for the commercial construction industry- announces a transition of ownership that continues its status as a privately held company.
Jeffrey Lawson of Jeffrey Court Has Died
Santa Ana, CA, July 30, 2019-Jeffrey Lawson, 44, president of Jeffrey Court, died July 3, 2019.