Third Quarter GDP Revised Up to 3.5%
Washington, DC, December 22, 2016—Real gross domestic product increased at an annual rate of 3.5% in the third quarter of 2016, according to the third estimate released by the Bureau of Economic Analysis.
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.
Personal Income Flat in November, Spending Inches Upward
Washington, DC, December 22, 2016—Personal income increased $1.6 billion (less than 0.1%) in November, according to estimates released by the Bureau of Economic Analysis.
Fishman Flooring Solutions Acquires Fisher Flooring Supply of Erie
Baltimore, MD, December 22, 2016—Fishman Flooring Solutions has expanded its footprint into northwestern Pennsylvania with its purchase of Fisher Flooring Supply in Erie, Pennsylvania.
Mannington Commercial Announces Price Increase
Calhoun, GA, December 22, 2016—Mannington Commercial is announcing a price increase on commercial carpet, resilient, and sundry products.
Orders for Manufactured Goods Fell 4.6% in November
Washington, DC, December 22, 2016—New orders for manufactured durable goods in November decreased $11.0 billion or 4.6% to $228.2 billion, the U.S. Census Bureau announced.
Submission Period for Future Focus Awards for Dealers Nears Close
Chattanooga, TN, December 21, 2016—The deadline is nearing for 2017 Future Focus Awards for Dealers submissions.
Shaw Converting Evergreen Recycling Center to Innovation Facility
Dalton, GA, December 21, 2016—Shaw has announced that in December 2016, the company will shift the focus of its Evergreen Ringgold post-consumer carpet recycling facility from a production facility to an innovation center.
Existing Home Sales Rose 0.7% in November
Washington, DC, December 21, 2016—Total existing-home sales rose 0.7% to a seasonally adjusted annual rate of 5.61 million in November from a downwardly revised 5.57 million in October, according to the National Association of Realtors.
Quad-C Completes Acquisition of Stanton
Charlottesville, VA, December 21, 2016—Quad-C Management announced it has closed on an investment in Stanton Carpet Corporation.
Construction Employment Rose in 211 Metro Areas YOY in Nov.
Arlington, VA, December 21, 2016—Construction employment increased in 211 metro areas between November 2015 and November 2016, the lowest number of metro areas to add jobs in four years, according to a new analysis of federal employment data released by t