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.

Global Pipeline for Hotel Construction Up 7% YOY

Global Pipeline for Hotel Construction Up 7% YOY

Portsmouth, NH, March 2, 2018 –The Lodging Econometrics (LE) Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world, states that the total global pipeline stands at 12,631 projects/2,127,794 rooms, up 7% by projects year-over-year (YOY).

Mats Inc. Enters Wallcovering Business

Mats Inc. Enters Wallcovering Business

Stoughton, MA, March 2, 2018—Commercial flooring manufacturer Mats Inc. has expanded into the commercial wallcovering market with the introduction of xcore ascend, accent wallcovering.

Dixie Group Increased Net Sales in Q4 & FY 2017

Dixie Group Increased Net Sales in Q4 & FY 2017

Dalton, GA, March 1, 2018—The Dixie Group reported net sales of $412.5 million for fiscal year 2017, a 3.8% increase as compared to $397.5 million in 2016. For Q4 2017, net sales were $105.1 million, an increase of 2.4% compared to $102.6 million in Q4 2016.

Construction Spending Flat in January

Construction Spending Flat in January

Washington, DC, March 1, 2018—Construction spending during January 2018 was estimated at a seasonally adjusted annual rate of $1,262.8 billion, nearly the same as (±1.0%) the revised December estimate of $1,262.7 billion, according to the U.S. Census Bureau.

Three Shaw Employees Recognized with STEP Ahead Awards

Three Shaw Employees Recognized with STEP Ahead Awards

Dalton, GA, March 1, 2018—The Manufacturing Institute will award three Shaw employees with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award: Lisa Buice, commercial human resources director; Annie Cowart, client contact center director; and Brooklyn Lynam, process engineer.

Personal Income Rose 0.4% in January

Personal Income Rose 0.4% in January

Washington, DC, March 1, 2018—Personal income increased $64.7 billion (0.4%) in January, according to estimates released by the Bureau of Economic Analysis.

PMI Expanded in February

PMI Expanded in February

Tempe, AZ, March 1, 2018—The February Purchasing Manager’s Index (PMI) registered 60.8%, an increase of 1.7 percentage points from the January reading of 59.1%, according to the latest Manufacturing ISM Report On Business.

Q4 2017 GDP Estimate Revised from 2.6% to 2.5%

Q4 2017 GDP Estimate Revised from 2.6% to 2.5%

Washington, DC, February 28, 2018—Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, according to the second estimate released by the Bureau of Economic Analysis.