Unemployment Rate Held at 4.9% in August
Washington, DC, September 2, 2016—Total nonfarm payroll employment increased by 151,000 in August, the U.S. Bureau of Labor Statistics has reported.
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.
DriTac Names Wade Verble New Business Development Director
Clifton, NJ, September 2, 2016—DriTac Flooring Products is pleased to announce the appointment of Wade Verble to the position of new business development director.
Distribution Management University Details Announced
Chicago, IL, September 2, 2016—The 2016 Distribution Management University (DMU) will be held in conjunction with the NAFCD + NBMDA Annual Convention on November 1 from 8:30 a.m. to 4:00 p.m. at the Hyatt Regency Chicago in Chicago.
ISM Report Shows Contraction in August
Tempe, AZ, September 2, 2016—The August Purchasing Managers Index registered 49.4%, a decrease of 3.2 percentage points from the July reading of 52.6%, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Construction Spending Holds Steady, Worker Shortage Continues
Arlington, VA, September 2, 2016—Construction spending remained steady in July compared to June but is up by 5.6% for the first seven months of the year compared to same period in 2015, according to an analysis by the Associated General Contractors of Ame
Phil Harmon Named President of Universal Fibers
Bristol, VA, September 1, 2016—Universal Fiber Systems—which consists of two operating units, Universal Fibers and Premiere Fibers—has announced the appointment of Phil Harmon as president of Universal Fibers.
M S International Opens Denver Showroom & Distribution Center
Aurora, CO, September 1, 2016—M S International announces the opening of a showroom and distribution center in Aurora, Colorado.
Construction Spending Flat in July, Up 5.6% for First Seven Months of 2016
Washington, DC, September 1, 2016—Construction spending during July 2016 was estimated at a seasonally adjusted annual rate of $1,153.2 billion, nearly the same as the revised June estimate of $1,153.5 billion, the U.S. Census Bureau of the Department of
NeoCon East Announces Keynote Speakers
Philadelphia, PA, September 1, 2016—Architect and Architizer co-founder, Marc Kushner and industrial designer Ayse Birsel will keynote this year’s NeoCon East, November 9 to 10.
Productivity Fell 0.6% in Q2
Washington, DC, September 1, 2016—Nonfarm business sector labor productivity decreased at a 0.6% annual rate during the second quarter of 2016, the U.S. Bureau of Labor Statistics has reported, as output increased 1.1% and hours worked increased 1.7%.