Personal Income & Spending Increased in June
Washington, DC, July 30, 2019—Personal income increased $83.6 billion (0.4%) in June according to estimates released by the Bureau of Economic Analysis.
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.
NAFCD Opens Registration for 2019 Convention in New Orleans
Chicago, IL, July 30, 2019-The North American Association of Floor Covering Distributors (NAFCD) has opened registration for the 2019 NAFCD Annual Convention, taking place November 12 to 14 at the Hyatt Regency New Orleans in New Orleans, Louisiana.
NeoCon Issues Call for Submissions for 2020 Event
Chicago, IL, July 30, 2019-NeoCon is currently seeking submissions to its conference program for next year’s show, June 8 to 10, 2020.
Lower Millennial Home Ownership Rates Impact Larger Economy
New York, NY, July 29, 2019-Many adults have been priced out of the housing market, and that will have reverberations in the economy for years to come, says the Wall Street Journal in “Financial Crisis Yields a Generation of Renters” by Christina Rexrode.
Ceramics of Italy Launches Promotional Videos
New York, NY, July 29, 2019—For over 40 years, Ceramics of Italy has been the trademark that symbolizes the Italian ceramic industry both in Italy and throughout the world, and the organization has launched several promotional videos, espousing and celebrating all the brand has come to represent.
AIA Announces Winners of 2019 Healthcare Design Awards
Washington, DC, July 29, 2019—The American Institute of Architects (AIA) Academy of Architecture for Health (AAH) is recognizing five projects with its 2019 Healthcare Design Awards.
Interface Revenue in Q2 up 26% with Nora, Up 2% Organically
Atlanta, GA, July 26, 2019—Interface, Inc. (Nasdaq: TILE) announced Q2 2019 net sales rose 26% YOY.
Mohawk Revenue up 0.3% Globally, Down 7% in N. America in Q2
Calhoun, GA, July 26, 2019-Mohawk Industries, Inc. (NYSE: MHK) announced that the net sales for the second quarter of 2019 were $2.6 billion, which is what it reported for Q2 2018.
The Tile Shop's Q2 Net Sales Fell 4.3% YOY
Minneapolis, MN, July 26, 2019—The Tile Shop reported net sales for Q2 2019 decreased $4.0 million, or 4.3%, from $92.9 million in the second quarter of 2018 to $88.9 million in the second quarter of 2019.
GDP Up 2.1% in Advance Estimate for Q2
Washington, DC, July 26, 2019-Real gross domestic product (GDP) increased at an annual rate of 2.1% in the second quarter of 2019, according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1%.