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.
Hamilton, NJ, August 7, 2023-The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 0.9% in July to 193.4 (2000=100) from the revised June reading of 195.1. Over the month, the commercial component of the DMI remained relatively flat, ticking down 0.2%, while the institutional component fell 1.9%.
Milan/Fiorano Modenese, Italy, August 7, 2023-Iris Ceramica Group-holding company of U.S. based manufacturing facility Stonepeak Ceramics-has partnered with Edison Next, a company of Edison Group, which leads clients and territories in their decarbonization and ecological transition journey, to develop H2 Factory.
Atlanta, GA, August 4, 2023—Interface reported Q2 2023 net sales were $329.6 million, down 4.9% versus $346.6 million in the prior year period.
Dalton, GA, August 4, 2023-For Q2 2023, The Dixie Group had net sales of $74.0 million, an 11.6% decline compared to sales of $83.7 million in the same quarter of 2022.
Dalton, GA, August 4, 2023-Shaw Industries is notifying customers this week that it is dropping discount terms for early payment of its commercial and residential carpet orders.
Atlanta, GA, August 4, 2023—For Q2 2023, Floor & Décor reported a net sales increase of 4.2% to $1.14 billion from $1.09 billion in Q2 fiscal 2022. Comparable store sales decreased 6.0%.
Minneapolis, MN, August 4, 2023—The Tile Shop reported net sales of $98.6 million for Q2 2023, an 8.4% decline compared to sales of $1.08 billion for Q2 2022.
Washington, DC, August 4, 2023—Total nonfarm payroll employment rose by 187,000 in July, and the unemployment rate changed little at 3.5%, the U.S. Bureau of Labor Statistics reported.
Las Vegas, NV, August 4, 2023—Stump & Co. issued the following report about the Las Vegas summer market, which took place July 30 to August 3, featuring home furnishings.
Washington, DC, August 3, 2023—Nonfarm business sector labor productivity increased 3.7% in Q2 2023, the U.S. Bureau of Labor Statistics reported, as output increased 2.4% and hours worked decreased 1.3%.