Manufacturing Expanded to 51.9% in September
Tempe, AZ, November 1, 2016— The October PMI registered 51.9%, an increase of 0.4 percentage point from the September reading of 51.5%, according to the Institute of Supply Management Report on Business.
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.
Orian Rugs Names Brad Guthrie Regional VP of Western Region
Anderson, SC, November 1, 2016—Orian Rugs has named Brad Guthrie regional vice president for the Western region, according to Furniture Today.
Construction Spending Fell 0.4% in September
Washington, DC, November 1, 2016—Construction spending during September 2016 was estimated at a seasonally adjusted annual rate of $1,150.0 billion, 0.4% below the revised August estimate of $1,154.4 billion, according to the U.S. Census Bureau of the Dep
September Home Prices Rose by 6.3% YOY, CoreLogic
Irvine, CA, November 1, 2016—Home prices nationwide, including distressed sales, increased year over year by 6.3% in September 2016 compared with September 2015 and increased month over month by 1.1% in September 2016 compared with August 2016, according
Floorco Distribution Announces Partnership with Stoehr Flooring
Baltimore, MD, November 1, 2016—Floorco Distribution is now offering next-day delivery services and has expanded its product portfolio partnering with U.S. hardwood manufacturer Stoehr Flooring.
Lumber Liquidators' Net Sales Rose 3.4% in Q3
Toano, VA, October 31, 2016—Lumber Liquidators reported net sales in the third quarter of 2016 were $244.1 million, an increase of 3.4% from the third quarter of 2015’s $236 million.
Personal Income & Disposable Personal Income Rose 0.3% in Sept.
Washington, DC, October 31, 2016—Personal income increased $46.7 billion (0.3%) in September according to estimates released by the Bureau of Economic Analysis.
NWFA Accepting Applications for Wood Studies Scholarship
St. Louis, MO, October 31, 2016—The National Wood Flooring Association is accepting applications for the 2017 NWFA Education & Research Foundation Wood Studies Scholarship.
Ceramics of Italy 2017 Tile Competition Now Open
New York, NY, October 31, 2016—The 2017 Ceramics of Italy Tile Competition has officially launched.
Consumer Sentiment Falls 4.4% in October
Ann Arbor, MI, October 28, 2016—Consumer sentiment fell 4.4% to 87.2, according to the final results for October 2016. September’s reading was 91.2.