Mohawk Group Wins Hockey Event Supporting Cam's Kids
Calhoun, GA, April 3, 2019—Mohawk Group associates recently braved the bitter Canadian cold to participate in the fourth annual Cam’s Cup Pond Hockey Tournament in Uxbridge, Ontario.
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.
One in Six Gen Xers Purchasing Multi-Generational Home
Washington, DC, April 2, 2019-One in six Gen Xers purchased a multi-generational home, overtaking younger boomers as the generation most likely to do so; with 52% of those Gen X buyers indicating that they did so because their adult children have either moved back or never left home.
Orders for Durable Goods Down 1.6% in February
Washington, DC, April 2, 2019—New orders for manufactured durable goods in February decreased $4.2 billion or 1.6% to $250.6 billion, the U.S. Census Bureau announced.
AkzoNobel Investing in High Point, NC Operations
High Point, NC, April 2, 2019-A milestone multi-million-dollar investment by AkzoNobel is set to transform its wood coatings facility in High Point, North Carolina, into a best-in-class manufacturing site.
Gesco Names Three New Executive Appointments
Brampton, ON, April 2, 2019—Gesco ULC has announced the appointments of Ed duDomaine as chairman of the board, Paul Green as president and chief revenue officer and Doug Wilcox as president and chief operating officer.
Construction Spending Rose 1.0% in February
Washington, DC, April 1, 2019-Construction spending during February 2019 was estimated at a seasonally adjusted annual rate of $1,320.3 billion, 1.0% above the revised January estimate of $1,307.3 billion, according to the U.S. Census Bureau.
Retail Sales Rose 2.2% YOY in February
Washington, DC, April 1, 2019-Advance estimates of U.S. retail and food services sales for February 2019 were $506.0 billion, a decrease of 0.2% from the previous month but 2.2% above February 2018, according to the U.S. Census Bureau.
Housing Market Poised for Strong Spring Home-Buying Season
New York, NY, April 1, 2019-The spring home-buying season is shaping up as the best in years, offering new opportunities after last year’s tough housing market drove away many would-be buyers, according to Wall Street Journal article “A Buyer’s Market? Hopes Rise With Falling Rates, More Homes for Sale” by Laura Kusisto.
Purchasing Managers Index Rose to 55.3% in March
Tempe, AZ, April 1, 2019—The March Purchasing Managers Index (PMI) registered 55.3%, an increase of 1.1 percentage points from the February reading of 54.2%, according to the nation’s supply executives in the latest Manufacturing ISM Report On Business.
NWFA Participates in World Flooring Forum
St. Louis, MO, April 1, 2019—National Wood Flooring Association (NWFA) chairman, Chris Zizza, represented the NWFA with a presentation on wood flooring trends at the fifth World Flooring Forum (WFF) and the 22nd China Flooring Industry Summit Forum.