Private Sector Employment Rose by 204K in April
Roseland, NJ, May 2, 2018—Private sector employment increased by 204,000 jobs from March to April, according to the April ADP National Employment Report.
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.
Construction Spending Fell 1.7% in March YOY
Arlington, VA, May 2, 2018—Construction spending hit a seasonally adjusted annual rate of $1.285 trillion in March, down from the month before, but still up compared to a year ago, according to an analysis of new Census data by the Associated General Contractors of America.
MSI's Emily Holle to Moderate Coverings Conference
Chicago, IL, May 2, 2018—MSI's director of trend and design Emily Holle is moderating a Coverings conference session on May 10 from 1:30 to 2:30 p.m.
Fuse Signs Hundredth Member
Laguna Niguel, CA, May 1, 2018—Fuse Alliance has announced that Brian’s Flooring and Design has joined the network as a new member.
Guitar Manufacturer Gibson Files for Bankruptcy
Nashville, TN, May 2, 2018—Guitar manufacturer Gibson has filed for bankruptcy.
April PMI Falls Two Points, Remains Positive
Tempe, AZ, May 1, 2018—The April Purchasing Managers Index registered 57.3%, a decrease of two percentage points from the March reading of 59.3%, according to the Manufacturing ISM Report On Business.
Classen Group Joins NALFA
Washington, DC, May 1, 2018—Classen Group has joined the North American Laminate Flooring Association (NALFA) as its newest regular member.
Construction Spending Rose 3.6% YOY in March
Washington, DC, May 1, 2018—Construction spending during March 2018 was estimated at a seasonally adjusted annual rate of $1,284.7 billion, 1.7% below the revised February estimate of $1,306.4 billion, according to the U.S. Census Bureau.
Home Prices Rose 7% YOY in March, CoreLogic
Irvine, CA, May 1, 2018—Home prices increased nationally by 7% year over year from March 2017 to March 2018, while on a month-over-month basis, prices increased by 1.4% in March 2018, according to the CoreLogic Home Price Index (HPI).
Nonn Flooring Acquires Malkin's Flooring
Middleton, WI, April 30, 2018—Middleton-based retailer Nonn’s Flooring has acquired Malkin’s Flooring of Menomonee Falls.