Shaw Sells Solid Hardwood Manufacturing Facilities in NC
Dalton, GA, March 29, 2019-Shaw Industries Group, Inc. has sold its solid hardwood flooring manufacturing facilities to Beasley Flooring Products, Inc.
Today's Flooring News
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Consumer Sentiment Up 4.9% in March
Ann Arbor, MI, March 29, 2019-Consumer confidence rebounded in March to 98.4 from last month's 93.8, slightly above the average of 97.2 recorded in the past 26 months, according to preliminary results from the University of Michigan.
Simeone Floors Joins Fuse Alliance
Laguna Niguel, CA, March 29, 2019-Fuse Alliance has announced that Simeone Floors has joined the network as a new member.
New Home Sales Rose 4.9% in February
Washington, DC, March 29, 2019-Sales of new single-family houses in February 2019 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
Armstrong Flooring Design Council Hosts Designers From Across North America
Lancaster, PA, March 29, 2019-At Armstrong Flooring’s recent Design Council, held in Palm Springs, California, during Modernism Week, nine interior designers from across North America gathered to share their perspectives with Armstrong Flooring’s design team and commercial marketing group.
Personal Income Down in January, Back Up in February
Washington D.C., March 29, 2019—Personal income decreased $22.9 billion (-0.1 percent) in January according to estimates released today by the Bureau of Economic Analysis.
Q4 GDP Revised Down to 2.2% in Third Estimate
Washington, DC, March 28, 2019-Real gross domestic product (GDP) increased at an annual rate of 2.2% in the fourth quarter of 2018, according to the third estimate released by the Bureau of Economic Analysis.
Mannington Announces Price Increase on Sheet Vinyl
Salem, NJ, March 28, 2019-Mannington continues to be challenged by inflation in raw materials, energy, and transportation and with that must implement a price increase on select sheet vinyl products.
Pending Home Sales Ticked Down 1.0% in Feb. But Remain High
Washington, DC, March 28, 2019-The Pending Home Sales Index decreased 1.0% to 101.9 in February, down from 102.9 in January, according to the National Association of Realtors (NAR). Year-over-year contract signings declined 4.9%, making this the fourteenth straight month of annual decreases.
Lennar Posts Revenue and Earnings Increases for Q1
Miami, FL, March 28, 2019-Lennar’s revenues rose 30% YOY in Q1, and net earnings rose 76%.