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.

Unemployment Held Steady at 3.7% in June

Unemployment Held Steady at 3.7% in June

Washington, DC, July 5, 2019—Total nonfarm payroll employment increased by 224,000 in June, and the unemployment rate was little changed at 3.7%, the U.S. Bureau of Labor Statistics reported.

Nature Home Acquires Paladin Lake, Expands Manu. to Service U.S.

Nature Home Acquires Paladin Lake, Expands Manu. to Service U.S.

Hong Kong, China, July 5, 2019-Nature Home has acquired Paladin Lake, a manufacturer of craft engineered wood flooring, and recently broke ground on a 1,000,000 square foot ridged core flooring manufacturing campus, both located in Cambodia to service the North American and International markets.

New Orders for Manufacturered Goods Fell 0.7% in May

New Orders for Manufacturered Goods Fell 0.7% in May

Washington, DC, July 3, 2019-New orders for manufactured goods in May, down three of the last four months, decreased $3.6 billion or 0.7% to $493.6 billion, the U.S. Census Bureau reported. This followed a 1.2% April decrease.

Goods & Sevices Deficit Rose by $4.3 Billion in May

Goods & Sevices Deficit Rose by $4.3 Billion in May

Washington, DC, July 3, 2019—The goods and services deficit was $55.5 billion in May, up $4.3 billion from $51.2 billion in April, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.