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.
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.
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.
Tarkett Re-Introduces SureSet Consumer Rebate
Solon, OH, July 5, 2019—Tarkett is pleased to announce that the company will bring back its SureSet consumer rebate for the rest of the 2019 calendar year.
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
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.
Private Sector Employment Rose by 102K in June
Roseland, NJ, July 3, 2019-Private sector employment increased by 102,000 jobs from May to June, according to the June ADP National Employment Report.
MSI Opens New Showroom in Virginia Beach
Virginia Beach, VA, July 3, 2019—MSI has opened a new showroom and distribution center in Virginia Beach, Virginia.
Welspun to Launch Hard Surface Flooring Business, Says Välinge
Viken Sweden, July 3, 2019-Indian conglomerate Welspun has signed a license agreement with Välinge Innovation for the use of locking technologies 5G, 5G-I and 2G as well as Liteback core technology.
June Non-Manufacturing Index Fell But Remained Positive
Tempe, AZ, July 3, 2019-The Non-Manufacturing Index for June registered 55.1%, which is 1.8 percentage points lower than the May reading of 56.9%, according to the Non-Manufacturing ISM Report On Business.
Crossville Launches New Designer-Focused Campaign
Crossville, TN, July 3, 2019-Domestic tile manufacturer Crossville, Inc. has unveiled a new national advertising campaign, “What Inspires You, Inspires Us.”