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.
Ann Arbor, MI, May 26, 2017—Consumer sentiment closed May 2017 at a rate of 97.1, a 0.1% increase over April’s 97.0 rate, according to final results from the University of Michigan Survey of Consumers.
Washington, DC, May 26, 2017—Real gross domestic product (GDP) increased at an annual rate of 1.2% in the first quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis.
Arlington, VA, May 26, 2017—The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), dropped seven points to 48 in the first quarter of 2017. The MPI has not had a reading of under 50 since the fourth quarter of 2011.
Washington, DC, May 26, 2017—New orders for manufactured durable goods in April decreased $1.6 billion or 0.7% to $231.2 billion, the U.S. Census Bureau announced.
Parsippany, NJ, May 26, 2017—AdvanSix is making the following price change announcement effective June: an increase of $0.07/pound for caprolactam and nylon 6 resin.
Washington, DC, May 26, 2017—The EPA published a direct final rule to extend the compliance date for formaldehyde emission standards for composite wood products to March 22, 2018, according to the Hardwood, Plywood & Veneer Association.
Santa Fe Springs, CA, May 25, 2017—Galleher Corp. is pleased to announce it has entered into a distribution agreement with Tarkett to begin immediate distribution of the Johnsonite brand throughout Galleher’s distribution territory, which covers all of Arizona, Nevada, and California.
Seattle, WA, May 25, 2017—National home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a decade, according to the April Zillow Real Estate Market Reports. The median home value in the U.S. is now $198,000, 1% higher than peak value hit in 2007.
San Diego, CA, May 25, 2017—MSI’s new San Diego showroom and distribution center is open for business.
Washington, DC, May 25, 2017—In the week ending May 20, the advance figure for seasonally adjusted initial claims was 234,000, an increase of 1,000 from the previous week's revised level, according to the Department of Labor.