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.

Purchasing Managers' Index Posted Expansion to 59.9% in August

Purchasing Managers' Index Posted Expansion to 59.9% in August

Tempe, AZ, October 1, 2021-The August Manufacturing Purchasing Managers’ Index (PMI) registered 59.9%, an increase of 0.4 percentage point from the July reading of 59.5%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

Covid Closures in Vietnam Challenge U.S. Companies w/ Production There

Covid Closures in Vietnam Challenge U.S. Companies w/ Production There

New York, NY, October 1, 2021-Manufacturers looking to shift production out of China during the U.S.-China trade war piled into Vietnam, attracted by its low wages and the government’s business-friendly reputation, reports the Wall Street Journal. “But strict lockdowns to contain a Covid-19 wave in the largely unvaccinated country have crippled manufacturing since July, forcing companies such as Nike Inc. and Lululemon Athletica Inc. to shift production to other countries. That is prompting some businesses to rethink their heavy reliance on factories in Vietnam.”

ASID Releases Position Statement on Climate, Health & Equity

ASID Releases Position Statement on Climate, Health & Equity

Washington, DC, October 1, 2021— With an eye on the interior design industry’s role in the health of the planet and its occupants, the National Board of Directors of the American Society of Interior Designers (ASID) has released its first-ever position statement on climate, health, and equity.

Q2 GDP Revised Up to 6.7% in Third Estimate

Q2 GDP Revised Up to 6.7% in Third Estimate

Washington, DC, September 30, 2021-Real gross domestic product (GDP) increased at an annual rate of 6.7% in the second quarter of 2021, according to the third estimate released by the Bureau of Economic Analysis.