NAFCD's 2015 Profit Analysis Report Now Available
Chicago, IL, August 5, 2015—The North American Association of Floor Covering Distributors’ (NAFCD) 2015 Profit Analysis Report (PAR) is now available for purchase.
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.
CFI Board Taps Varden as CEO
Lenexa, KS, August 4, 2015—The board of International Certified Flooring Installers Association, Inc. (CFI) has tapped Robert Varden to take over as CEO of the organization.
New Orders for Manufactured Goods Rebounded in June
Washington, DC, August 4, 2015—New orders for manufactured goods rebounded in June, increasing by 1.8% after a revised 1.1% decline in May, according to the Commerce Department.
Home Prices Nationwide Up in June
Irvine, CA, August 4, 2015— Home prices nationwide, including distressed sales, increased by 6.5% in June 2015 compared with June 2014, according to the June 2015 CoreLogic Home Price Index (HPI).
Construction Spending Up in June on Public Construction Rise
Washington, DC, August 3, 2015—Construction spending during June 2015 was estimated at a seasonally adjusted annual rate of $1,064.6 billion, 0.1% above the revised May estimate of $1,063.5 billion, according to the U.S. Census Bureau.
Consumer Confidence Slips Slightly but Remains Positive
Ann Arbor, MI, August 3, 2015—Consumer confidence slipped to 93.1 in July, down 3.1% from June’s 96.1 reading, according to the final results for the University of Michigan’s Survey of Consumers.
Personal Income Rose 0.4% in June
Washington, DC, August 3, 2015—Personal income increased $68.1 billion, or 0.4%, and disposable personal income (DPI) increased $60.6 billion, or 0.5%, in June, according to the Bureau of Economic Analysis.
Rate of Homes "Seriously Underwater" Increased Slightly in Q2
Irvine, CA, August 3, 2015—As of the end of the second quarter of 2015, 13.3% of all U.S. properties with a mortgage were seriously underwater, according to RealtyTrac's Q2 2015 U.S. Home Equity & Underwater Report.
Armstrong Names The Kroger Co. Its 2014 Flooring Recycler of the Year
Lancaster, PA, August 3, 2015—Armstrong World Industries named The Kroger Co. as its 2014 Flooring Recycler of the Year.
Manufacturing Slowed in July, ISM
Tempe, AZ, August 3, 2015—The July Purchasing Managers' Index (PMI) registered 52.7%, a decrease of 0.8 percentage point below the June reading of 53.5%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.