U.S. Trade Gap Narrowed in July
Washington, DC, September 3, 2015—The U.S. trade deficit fell in July to its lowest level in five months as exports rose.
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.
Dixie Group Execs to Participate in Housing Summit
Chattanooga, TN, September 3, 2015—The Dixie Group, Inc. has announced that company executives Kennedy Frierson and Jon Faulkner will be participating in the Zelman & Associates Annual Housing Summit.
Milliken Acquires Assets of Australian Firm Ontera Modular Carpets
Spartanburg, SC, September 2, 2015—Milliken & Company announced its acquisition, through its subsidiary Milliken (Australia) Pty Ltd, of the assets of Ontera Modular Carpets Pty Ltd, a subsidiary of Cavalier Corporation Limited.
UK-based Recofloor Announces Winners of its Recycling Contest
Worcester, UK, September 3, 2015—Recofloor has named the winners of its Love2shop Promotion, held throughout August, with the goal of encouraging more flooring companies to recycle their waste vinyl flooring.
JohnsoniteArcade Rubber Sheet Achieves C2C Bronze Certification
Solon, OH, September 3, 2015—Tarkett has announced its JohnsoniteArcade Rubber Sheet flooring has achieved the Cradle to Cradle (C2C) Bronze Certification under Version 3.1.
July Home Prices Up 6.9% YOY, CoreLogic
Irvine, CA, September 2, 2015—U.S. home prices nationwide, including distressed sales, increased by 6.9% in July 2015 compared with July 2014, according to CoreLogic’s July 2015 Home Price Index.
Sicis Converting Manhattan Townhouse Into Showroom
New York, NY, September 2, 2015-- Sicis The Art Factory has purchased a five-floor building located at 240 Fifth Avenue in the heart of NOMAD, Manhattan’s art and design district, which it will convert into a showroom.
Factory Orders Edged Upward in July
Washington, DC, September 2, 2015—Orders to U.S. factories rose by 0.4% in July to $482 billion, according to the U.S. Census Bureau.
Private Sector Employment Added 190,000 Jobs in August
Roseland, NJ, September 2, 2015—Private sector employment increased by 190,000 jobs from July to August according to the August ADP National Employment Report.
Construction Spending Rose 0.7% in July, 13.7% YOY
Washington, DC, September 2, 2015—Construction spending during July was estimated at a seasonally adjusted annual rate of $1,083.4 billion, 0.7% above the revised June estimate, according to the The U.S. Census Bureau.