Dixie Group (DXYN) Reports Losses for Q2 & First Half of 2018
Dalton, GA, August 2, 2018 - The Dixie Group reported a net sales loss of 0.7% in Q2 2018, year over year, and a 0.3% loss for the first half.
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.
Employee Downsizing Fell to Year-Low in July
Chicago, IL, August 2, 2018-The pace of downsizing fell to the lowest level of the year in July, as U.S.-based employers announced plans to cut 27,122 workers from payrolls during the month, according to a report by global outplacement and executive coaching firm Challenger, Gray & Christmas.
Construction Spending Up 5.1% in First Half of 2018
Arlington, VA, August 2, 2018-Construction spending declined 1.1% in June from an upwardly revised record level in May, but there were widespread gains in both public and private investment for the first half of the year, according to an analysis of new government data by the Associated General Contractors of America.
MSI Cuts Ribbon on Updated Phoenix Showroom
Phoenix, AZ, August 2, 2018—MSI announces the opening of its enlarged and updated showroom and distribution center located in Phoenix, Arizona.
Belknap White Forms Relationship with Somerset
Mansfield, MA, August 2, 2018--The Belknap White Group (BWG) has announced it will be distributing the entire Somerset line throughout all of New England, New York and New Jersey, effective October 1.
Construction Spending Fell 1.1% in June, But Rose 6.1% YOY
Washington, DC, August 1, 2018--Construction spending during June 2018 was estimated at a seasonally adjusted annual rate of $1,317.2 billion, 1.1% below the revised May estimate of $1,332.2 billion, according to the U.S. Census Bureau.
Tarkett Reports Q2 and First Half Results
Paris, FR, August 1, 2018—Tarkett reported a net sales decrease of 0.4% in Q2, year over year, and a net sales increase of 3.0% in the first half of 2018.
Spectra Joins Starnet and Fuse in Joint Task Force
Dalton, GA, August 1, 2018—Spectra Contract Flooring has joined the Starnet Worldwide Commercial Flooring and Fuse Alliance joint task force.
Construction Employment Rose in 76% of Metro Areas in June YOY
Arlington, VA, August 1, 2018-Construction employment increased in 272 (76%) out of 358 metro areas between June 2017 and June 2018, declined in 44 (12%) and was unchanged in 42, according to a new analysis of federal employment data released by the Associated General Contractors of America.
July Purchasing Managers Index Contracted Slightly
Tempe, AZ, August 1, 2018—The July Purchasing Managers Index (PMI) registered 58.1%, a decrease of 2.1 percentage points from the June reading of 60.2%, according to the latest Manufacturing ISM Report On Business.