DMA Floors Joins Starnet
Columbus, OH, April 3, 2023—DMA Floors has joined Starnet.
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.
Construction Spending Inched Down 0.1% in February
Washington, DC, April 3, 2023—Construction spending during February 2023 was estimated at a seasonally adjusted annual rate of $1,844.1 billion, 0.1% below the revised January estimate of $1,845.4 billion, according to the U.S. Census Bureau.
Saudi-Led Oil Producers to Decrease Output, Increasing Oil Prices
Washington, DC, April 3, 2023-"A group of large oil producers led by Saudi Arabia said Sunday they would cut more than a million barrels of output a day starting next month, a surprise move that upset Washington and led to a jump in crude prices amid concerns about the global economy,” reports the Wall Street Journal.
Alliance Flooring Names Tami Stahl VP of Marketing & Merchandising
Chattanooga, TN, April 3, 2023—Alliance Flooring (AFI) announces the addition of Tami Stahl as vice president of marketing and merchandising.
ISM Manufacturing Index Inched Down to 46.3% in March
Tempe, AZ, April 3, 2023—The March Manufacturing Purchasing Managers’ Index (PMI) registered 46.3%, 1.4 percentage points lower than the 47.7% recorded in February.
Personal Income Rose 0.3% in February, Spending Up 0.2%
Washington, DC, March 31, 2023-Personal income increased $72.9 billion (0.3%) in February, according to estimates released by the Bureau of Economic Analysis.
Consumer Sentiment Declined 7.5% to 62 in March
Ann Arbor, MI, March 31, 2023—Consumer sentiment declined 7.5% to 62.0 in March, according to final results from the University of Michigan Survey of Consumers.
Shaw Forms Recycling Partnership with Encina Development Group
The Woodlands, TX, March 31, 2023—Encina Development Group, a producer of ISCC+ circular chemicals from end-of-life plastics, announced a new recycling partnership with Shaw Industries, a global flooring manufacturer.
Matter Surfaces Promotes Pettit and Gorman to New Roles
New York, NY, March 31, 2023—Matter Surfaces, a commercial flooring company, announces two new senior level promotions in its marketing department: Rachel Pettit was promoted from vice president of sales, Parador Modular One to vice president, brand development, and Christine Gorman was promoted from director of marketing to director, brand and collection marketing.
Shaw Contract Launches First Carbon Neutral Carpet Tile on StrataWorx
Cartersville, GA, March 31, 2023-Shaw Contract announces the launch of New Path, its first carbon neutral carpet tile collection constructed on the company's StrataWorx backing.