Consumer Sentiment Up 7.6% in November
Ann Arbor, MI, November 23, 2016—Consumer sentiment rose 7.6% in November to 93.8 from October’s 87.2 rate, according to the final results from the University of Michigan’s Survey of Consumers.
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.
Schluter-Systems Celebrates 50 Years in Business
Plattsburgh, NY, November 23, 2016—This year marks the 50th anniversary of Schluter-Systems.
Orders for Durable Goods Rose Nearly 5.0% in October
Washington, DC, November 23, 2016—New orders for manufactured durable goods in October increased $11.0 billion or 4.8% to $239.4 billion, the U.S. Census Bureau has announced.
NWFA Announces Legacy Scholarship Nominees
St. Louis, MO, November 23, 2016—The National Wood Flooring Association has announced its nominees for the NWFA Education & Research Foundation 2017 Legacy scholarships.
Multifamily Production Index Gained Three Points in Q3
Arlington, VA, November 23, 2016—The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), posted a gain of three points to 53 in the third quarter.
Existing Home Sales Rose 2.0% in October to 5.6 Million
Washington, DC, November 22, 2016—Total existing-home sales grew 2.0% to a seasonally adjusted annual rate of 5.60 million in October from an upwardly revised 5.49 million in September.
Armstrong Flooring Growing Main Street Business for Retail Partners
Lancaster, PA, November 22, 2016—As part of its new retail support program, Elevate, Armstrong Flooring has developed a comprehensive program to help specialty flooring retailers grow and capitalize on the burgeoning main street commercial business.
Stanton Carpet Partners with Quad-C Management
Syosset, NY, November 22, 2016—Stanton Carpet Corporation has partnered with Charlottesville, Virginia-based Quad-C Management, a leading middle market private equity investment firm with nearly $2 billion in capital under management.
Frederick Schmidt Honored as CFA Person of the Year
Chicago, IL, November 22, 2016—Frederick Schmidt has been named the 2016 Chicago Floor Covering Association (CFA) Person of the Year.
Congoleum Announces Retirement of CEO, Names Replacement
Mercerville, NJ, November 21, 2016—Congoleum Corporation has announced the retirement of CEO Robert Moran and that its board of directors has appointed Christopher O’Connor as chief operating officer effective December 1.