Consumer Sentiment Rose 13% in August to 58.2
Ann Arbor, MI, August 26, 2022—Consumer sentiment rose 13% to 58.2 in August, according to final results from the University of Michigan Survey of Consumers.
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.
Kitchen & Bath Industry Records Q2 Slowdown
Bethlehem, PA, August 26, 20220—The National Kitchen & Bath Association (NKBA) Kitchen & Bath Market Index (KBMI) for Q2 of 2022 indicates that the sector is seeing signs of a cooldown, with industry leaders anticipating decelerated growth through the rest of the year.
Imports of Multilayered Wood Flooring Up 30% in First Half of 2022
Washington, DC, August 26, 2022—U.S. imports of multilayered wood flooring are up by 30% in volume and 32% in value in the first six months of this year versus the same period last year, according to the Decorative Hardwoods Association.
Personal Income Inched up 0.2% in July, Spending Up 0.1%
Washington, DC, August 26, 2022-Personal income increased $47.0 billion (0.2%) in July, according to estimates released by the Bureau of Economic Analysis.
Taylor Adhesives Joins Floorcloud
Dalton, GA, August 26, 2022—Taylor Adhesives has joined Floorcloud, a technology platform that enables contractors to monitor, communicate and store jobsite conditions and other essential data in real-time to improve installation outcomes for all project stakeholders.
EF, Shaw, Mohawk Named to Forbes Best-In-State Employer List for GA
New York, NY, August 25, 2022-Several Industry and related companies have been included on Forbes Best-In-State Employer for Georgia 2022,
Initial Jobless Claims Declined by 2,000 in Week Ending August 20
Washington, DC, August 25, 2022-In the week ending August 20, the advance figure for seasonally adjusted initial claims was 243,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.
Q2 GDP Revised Upward Slightly in Second Estimate
Washington, DC, August 25, 2022-Real gross domestic product (GDP) decreased at an annual rate of 0.6% in Q2 2022, according to the second estimate released by the Bureau of Economic Analysis.
Schönox & Floorcloud Form Partnership
Florence, AL, August 25, 2022-Schönox HPS North America, Inc. and Floorcloud announced their partnership to provide flooring professionals with introductory opportunities to use Graco pumps and Floorcloud technology on large-scale projects at no cost.
Dan Marvin Named Director of Product Standards for Schluter-Systems
Plattsburgh, NY, August 25, 2022—Schluter-Systems is pleased to announce the appointment of Dan Marvin to the position of director of product standards and sustainability.