Consumer Sentiment Steady at 97.5 in Early December
Ann Arbor, MI, December 7, 2018—Consumer sentiment held steady at 97.5 in early December, according to preliminary results from the University of Michigan.
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.
Hoy Lanning Named President & CEO of J.J. Haines
Glen Burnie, MD, December 6, 2018-Hoy Lanning, Jr. has been promoted to president and CEO of J.J. Haines & Co.
Wholesaler Sales Rose 6.8% YOY in October
Washington, DC, December 7, 2018-October 2018 sales of merchant wholesalers were $510.1 billion, down 0.2% from the revised September level but up 6.8% from the October 2017 level, according to the U.S. Census Bureau.
Unemployment Held Steady at 3.7% November
Washington, DC, December 7, 2018—Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7%, the U.S. Bureau of Labor Statistics has reported.
Pantone Names Living Coral Its 2019 Color of the Year
New York, NY, December 6, 2018-Pantone has unveiled its 2019 color of the year, Living Coral.
Private Sector Employment Rose by 179K in November
Roseland, NJ, December 6, 2018—Private sector employment increased by 179,000 jobs from October to November, according to the November ADP National Employment Report.
Orders for Manufactured Goods Fell 2.1% in October
Washington, DC, December 6, 2018—New orders for manufactured goods in October, down following two consecutive monthly increases, decreased $10.5 billion or 2.1% to $502.7 billion, the U.S. Census Bureau reported.
Labor Productivity Increased by 2.3% in Q3
Washington, DC, December 6, 2018—Nonfarm business sector labor productivity increased 2.3% during the third quarter of 2018, the U.S. Bureau of Labor Statistics reported, as output increased 4.1% and hours worked increased 1.8%.
Non-Manufacturing Index Rose to 60.7% in November
Tempe, AZ, December 6, 2018—The November Non-Manufacturing Index (NMI) registered 60.7%, which is 0.4 percentage point higher than the October reading of 60.3%, according to the latest Non-Manufacturing ISM Report On Business.
Kronospan to Utilize I4F Lock on New Laminate Collection
Willemstad, Curaçao, December 6, 2018—I4F has announced Kronospan’s decision to launch new laminate flooring programs featuring I4F’s locking system 3L TripleLock.