Dixie Group Reports Sales Increase of 9.3% YOY for Q1
Dalton, GA, May 4, 2017—The Dixie Group reported net sales of $97.5 million for Q1 2017, a 9.3% increase over Q1 2016’s $89.2 million.
Today's Flooring News
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Mohawk Completes Acquisition of Bridgeport, AL Fiber Plant
Bridgeport, AL, May 4, 2017—Mohawk’s acquisition of Beaulieu’s Bridgeport, Alabama fiber plant has closed.
Orders for Manufactured Goods Up in March, 9th Consecutive Rise
Washington, DC, May 4, 2017—New orders for manufactured goods in March, up eight of the last nine months, increased $0.8 billion or 0.2% to $478.2 billion, the U.S. Census Bureau reported.
Builder Confidence in 55+ Housing Market Positive in Q1
Washington, DC, May 4, 2017—Despite a 12-point drop from the previous quarter, builder confidence in the single-family 55+ housing market remains in positive territory for the first quarter of 2017 with a reading of 55, according to the National Association of Home Builders' 55+ Housing Market Index.
Goods & Services Deficit Narrowed by $0.1 Billion in March
Washington, DC, May 4, 2017—The goods and services deficit was $43.7 billion in March, down $0.1 billion from $43.8 billion in February, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced.
Initial Jobless Claims Fell Slightly in April
Washington, DC, May 4, 2017— In the week ending April 29, the advance figure for seasonally adjusted initial claims was 238,000, a decrease of 19,000 from the previous week's unrevised level of 257,000, reports the Department of Labor.
Heppner Hardwoods Earns NWFA/NOFMA Mill Certification
St. Louis, MO, May 4, 2017—The National Wood Flooring Association (NWFA) has announced that Heppner Hardwoods, Inc., in Azusa, California, has earned the NWFA/NOFMA Mill Certification.
Nonfarm Employment Added 177K Jobs in April
Roseland, NJ, May 3, 2017—U.S. nonfarm employment increased by 177,000 in April, according to the ADP National Employment Report.
Non-Manufacturing Growth Continued in April
Tempe, AZ, May 3, 2017—Economic activity in the non-manufacturing sector grew in April for the 88th consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report on Business.
Construction Employment Rose in 224 of 358 Metro Areas in March
Arlington, VA, May 3, 2017—Construction employment increased in 224 out of 358 metro areas between March 2016 and March 2017, declined in 92 and stagnated in 42, according to a new analysis of federal employment data released by the Associated General Contractors of America.