Trade Deficit Narrowed to 19-Month Low in May
Washington, DC, July 6, 2018—May exports were $215.3 billion, $4.1 billion more than April exports, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
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.
Payrolls Rose in Late June, Unemployment Up to 4%
Washington, DC, July 6, 2018—In the week ending June 30, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 3,000 from the previous week's revised level.
Artisan Design Group Acquires Decor Flooring & Kermans Flooring
Southlake, TX, July 6, 2018—Artisan Design Group is excited to announce its most recent acquisitions: Decor Flooring and Kermans Flooring.
Beaulieu International Group Acquiring Beaulieu Canada & Australia
Waregem, Belgium, July 4, 2018—Beaulieu International Group (B.I.G.) announces the acquisition of two privately owned companies, Beaulieu Canada and Beaulieu Australia, which will be integrated into its Flooring Solutions business unit.
Private Sector Employment Increased by 177K Jobs in June
Roseland, NJ, July 5, 2018—Private sector employment increased by 177,000 jobs from May to June, according to the June ADP National Employment Report.
Service-Sector Index Expanded to 59.1% in June
Tempe, AZ, July 5, 2018—The June Non-Manufacturing Index registered 59.1%, which is 0.5 percentage point higher than the May reading of 58.6%, according to the latest Non-Manufacturing ISM Report On Business.
Job Cuts Rose by 18% in June
Chicago, IL, July 5, 2018—Job cuts announced by U.S.-based employers rose 18%, from 31,517 in May to 37,202 in June, according to a report released by Challenger, Gray & Christmas, Inc.
Orders for Manufactured Goods Orders Rose 0.4% in May
Washington, DC, July 3, 2018—New orders for manufactured goods in May, up three of the last four months, increased $1.8 billion or 0.4% to $498.2 billion, the U.S. Census Bureau reported.
Home Prices Rose 7.1% YOY in May
Irvine, CA, July 3, 3028— Home prices increased nationally by 7.1% year over year from May 2017 to May 2018, according to the CoreLogic Home Price Index (HPI).
Belknap White Offering Armstrong Hardwood with Diamond 10
Mansfield, MA, July 3, 2018—The Belknap White Group, a full-service flooring distributor, announced its latest line of hardwood flooring from Armstrong, which features Diamond 10 Technology.