New Home Sales Hit Highest Level in a Decade
Washington, DC, November 27, 2017—New home sales rose 6.2% to a seasonally adjusted annual rate of 685,000 in October, according to the Commerce Department.
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.
Boa-Franc Takes Top Honor at Grand Prix Awards
Saint-Georges, Quebec, November 27, 2017—For the second time in a row, Boa-Franc has received the highest award bestowed by the Quebec government on businesses and organizations that successfully apply best business practices.
CFL Grows Employee Team to More than 2,000
Jia Xing, China, November 27, 2017—CFL (Creative Flooring Solutions) recently passed the 2,000 team member mark.
Four Flooring Companies Included in Training Magazine's Top 125
Excelsior, MN, November 22, 2017—Emser, Mohawk, Shaw and Tarkett North America have all been named to Training Magazine’s 2018 Training Top 125 Award list.
Consumer Sentiment Fell 2.2% in November, But Remains High
Ann Arbor, MI, November 22, 2017—Consumer sentiment fell 2.2% to 98.5 in November, from October’s 100.7 rate, according to final results from the University of Michigan.
John Bonney Named Regional VP of Sales for Mr. David's
Chicago, IL, November 22, 2017—Mr. David’s International has named John Bonney as regional vice president of sales.
Orders for Durable Goods Fell 1.2% in October
Washington, DC, November 22, 2017—New orders for manufactured durable goods in October decreased $2.8 billion or 1.2% to $236.0 billion, the U.S. Census Bureau has announced.
Multifamily Production Index Dropped Ten Points in Q3
Arlington, VA, November 22, 2017—The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), dropped 10 points to 46 in the third quarter of 2017. This is the lowest reading since the second quarter of 2011.
Existing Home Sales Rose 2.0% in October
Washington, DC, November 21, 2017—Total existing-home sales increased 2.0% to a seasonally adjusted annual rate of 5.48 million in October from a downwardly revised 5.37 million in September.
Lowe's Grew Sales & Earnings in Q3, Names Maltsbarger CDO
Mooresville, NC, November 21, 2017—Lowe’s Companies has reported net earnings of $872 million for Q3 2017, compared to net earnings of $379 million in Q3 2016.