J+J Launches LVT Collection
Dalton, GA, May 16, 2017—J+J Flooring Group is introducing two new luxury vinyl tile (LVT) collections, available immediately.
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.
Home Depot Reports Sales Increase of 4.9% YOY in Q1
Atlanta, GA, May 16, 2017—The Home Depot reported sales of $23.9 billion for Q1 2017, a 4.9% increase from Q1 2016’s $22.8 billion.
Interior Design Billings Rose in Q1
Washington, DC, May 17, 2017—The March ASID IDBI score is 62.8, an increase over December’s value of 52.9, according to the American Society of Interior Designers Q1 Interior Design Billings Index.
WarmlyYours Q1 Sales Up 5.4%, Buoyed by Electric Floor Heating
Lake Zurich, IL, May 16, 2017—WarmlyYours Radiant Heating released its “2017 First Quarter Industry Report” earlier this week, which reported that the first quarter of 2017 showed a 5.3% increase in total consolidated sales of WarmlyYours products and a 5.2% increase in electric floor heating, the company’s flagship product line.
Richard Evans Joins Siena's Executive Team
Washington, DC, May 17, 2017—Siena is pleased to welcome Richard Evans to its executive management team.
CRI Announces Ongoing Funding of VPS Program for 2018
Dalton, GA, May 16, 2017—Carpet and Rug Institute (CRI) has announced its intention to fund its Voluntary Product Stewardship Program through 2018 in the amount of $4 million.
Housing Starts Up 0.7% YOY in April, Fell 2.6% From March
Washington, DC, May 16, 2017— Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,172,000, the U.S. Census Bureau has announced. This is 2.6% below the revised March estimate of 1,203,000, but is 0.7% above the April 2016 rate of 1,164,000.
Industrial Production Rose 1.0% in April, Largest Gain Since 2014
Washington, DC, May 16, 2017—Industrial production advanced 1.0% in April for its third consecutive monthly increase and its largest gain since February 2014, according to the Federal Reserve.
Median Home Price Rose 6.9% YOY in Q1
Washington, DC, May 16, 2017—The strongest quarterly sales pace in exactly a decade put significant downward pressure on inventory levels and caused price growth to further accelerate during the first three months of 2017, according to the latest quarterly report by the National Association of Realtors.
Winners of Antron Performance Awards Announced
Kennesaw, GA and Darien, CT, May 16, 2017—Set on a grand stage at the Omni La Costa Resort in Carlsbad, California, Invista, maker of Antron carpet fiber, honored two Starnet Members during Starnet’s 25th Anniversary Celebration.