Floor & Decor CEO Sells $5.9 Million in Company Stock
Atlanta, GA, August 1, 2017—Floor & Decor CEO Thomas V. Taylor sold 154,262 shares of the company’s stock, nearly half his holding, in a transaction that occurred on July 25.
Today's Flooring News
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Construction Spending Fell 1.3% in June
Washington, DC, August 1, 2017—Construction spending during June 2017 was estimated at a seasonally adjusted annual rate of $1,205.8 billion, 1.3% below the revised May estimate of $1,221.6 billion, says the U.S. Census Bureau.
Manufacturing Retracted Slightly in June but Remained Positive
Tempe, AZ, August 1, 2017—The July Purchasing Manager’s Index registered 56.3%, a decrease of 1.5 percentage points from the June reading of 57.8%, according to the Manufacturing ISM Report On Business.
Consumer Income and Spending Virtually Flat in June
Washington, DC, August 1, 2017--Personal income decreased $3.5 billion (less than -0.1%) in June according to estimates released by the Bureau of Economic Analysis.
John Hamar, Former President & CEO of Horner Flooring, Has Died
Chassell, MI, August 1, 2017—John C. Hamar, 88, formerly president and CEO of Hamar Flooring, died July 17, 2017, after a lengthy illness.
Chilewich Leaders Will Offer Keynote Address at Metrocon 2017
Dallas, Texas, August 1, 2017—Sandy Chilewich and Joe Sultan, founder/creative director and CEO, respectively, of Chilewich will serve as the keynote speakers at Metrocon 2017.
Gensler São Paulo Named Best of Competition for IIDA LATAM/CAR
Chicago, IL, August 1, 2017—The International Interior Design Association (IIDA) and Alessi proudly announce Gensler São Paulo as the Best of Competition winner of the fifth annual IIDA Best Interiors of Latin America and the Caribbean Competition for its project Paul Hastings in São Paulo, Brazil.
Q2 GDP Rose 2.6%, According to Advance Estimate
Washington, DC, July 31, 2017—Real gross domestic product increased at an annual rate of 2.6% in the second quarter of 2017, according to the advance estimate released by the Bureau of Economic Analysis.
Pending Home Sales Rose 1.5% in June
Washington, DC, July 31, 2017—The Pending Home Sales Index climbed 1.5% to 110.2 in June from an upwardly revised 108.6 in May, according to the National Association of Realtors.
Stifel Comments on Mohawk's Q2 Earning Statement
St. Louis, MO, July 31, 2017—Stifel has released a statement about Mohawk’s Q2 earnings.