Consumer Sentiment Up 0.7% to 97.7 in Early May
Ann Arbor, MI, May 12, 2017—Consumer sentiment rose 0.7% to 97.7 in early May over April’s 97.0 rate, according to preliminary results from the University of Michigan’s Survey of Consumers.
Today's Flooring News
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Retail Sales Up 4.5% in April YOY, 0.4% over March
Washington, DC, May 12, 2017—Advance estimates of U.S. retail and food services sales for April 2017 were $474.9 billion, an increase of 0.4% from the previous month, and 4.5% above April 2016, according to the U.S. Census Bureau.
Tarkett Celebrating 50th Year Anniversary of Powerbond
Solon, OH, May 12, 2017—Tarkett this year is celebrating the golden anniversary of Tandus Centiva’s Powerbond, the hybrid resilient sheet flooring with a closed-cell cushion.
Consumer Prices Ticked Up 0.2% in April
Washington, DC, May 12, 2017—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported.
Distributive Trade Sales & Manufacturers' Shipments Flat in March
Washington, DC, May 12, 2017—The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,361.0 billion, virtually unchanged from February 2017, but was up 6.5% from March 2016, according to the U.S. Census Bureau.
Intl. Furnishings & Design Assoc. Offering Design Summit in NYC
New York, NY, May 12, 2017—The International Furnishings and Design Association Educational Foundation is presenting its first DesignEdge, a dynamic, day-long summit featuring eminent industry leaders to discuss the future of design while offering inspiration and insight into succeeding during transformative times.
Invista Making $65M Investment in Nylon 6,6 Fiber Production
Wichita, KS, May 11, 2017—Invista is investing over $65 million in state-of-the-art fiber production equipment at its U.S.-based Camden, South Carolina facility.
CARE Releases Annual Report, Names Person & Recycler of 2016
Indianapolis, IN, May 11, 2017—The Carpet America Recovery Effort (CARE) 15th annual conference is currently underway in Indianapolis, Indiana. At the event, the group released its 2016 annual report and named its Person of the Year and Recycler of the Year for 2016.
Producer Prices Rose 0.5% in April
Washington, DC, May 11, 2017—The Producer Price Index for final demand advanced 0.5% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Shaw Recognized by Sustainable Purchasing Leadership Council
Denver, CO, May 11, 2017—On May 9, the Sustainable Purchasing Leadership Council (SPLC) recognized ten organizations, including Shaw Industries, and one individual for their leadership in the sustainable purchasing movement.