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.

Trade Deficit Narrowed in March by $6.5 Billion

Trade Deficit Narrowed in March by $6.5 Billion

Washington, DC, May 4, 2016—The goods and services deficit was $40.4 billion in March, down $6.5 billion from $47.0 billion in February, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Dixie Group's Net Sales for Q1 Represent 6.9% YOY Loss

Dixie Group's Net Sales for Q1 Represent 6.9% YOY Loss

Dalton, GA, May 4, 2016—For the first quarter of 2016, The Dixie Group had net sales of $89,234,000, or a loss of $0.30 earnings per share, compared to net sales of $95,855,000 in the first quarter of 2015, or a loss of $0.16 earnings per share.

Factory Orders up 1.1% in March

Factory Orders up 1.1% in March

Washington, DC, May 4, 2016—New orders for manufactured goods in March, up two of the last three months, increased $5.0 billion or 1.1% to $458.4 billion, the U.S. Census Bureau reported.

Labor Productivity Shrank by 1.0% in Q1

Labor Productivity Shrank by 1.0% in Q1

Washington, DC, May 4, 2016—Nonfarm business sector labor productivity decreased at a 1.0% annual rate during the first quarter of 2016, the U.S. Bureau of Labor Statistics reported, as output increased 0.4% and hours worked increased 1.5%.

April Auto Sales Beat Record Set in 2005

Washington, DC, May 4, 2016—U.S. new car and light-truck sales reached 1.5 million in April, a 3.6% increase from a year earlier, according to data provider Autodata Corp.