Private Sector Employment Rose by 742,000 Jobs in April
Roseland, NJ, May 5, 2021-Private sector employment increased by 742,000 jobs from March to April, according to the April ADP National Employment Report.
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.
Mortgage Applications Declined by 0.9% in Last Week of April
Washington, DC, May 5, 2021—Mortgage applications decreased 0.9% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 30, 2021.
Couristan Launches Trend Report Video
Fort Lee, NJ, May 5, 2021-Couristan is once again launching its annual Trend Report video.
Domotex Shift to Thursday to Sunday Schedule for 2022 Event
Hannover, DE, May 5, 2021—Starting next year, Domotex Germany will take place from Thursday to Sunday (previously Friday to Monday), meaning that Domotex 2022 will start on January 13 and remain open until January 16.
Weak Dollar, Price of PVC & Freight Surcharges Push Cost of Chinese Flooring Imports to All-Time High
Chattanooga, TN, December 10, 2020-The cost of importing LVT from China, where the bulk of product is manufactured, has reached an all-time high.
Anderson Tuftex Announces Strategy Following Lowe's Stainmaster Acquisition
Dalton, GA, May 4, 2021-Shaw Industries' Anderson Tuftex (A/T) premium brand, announces response to recent news on the sale of the Stainmaster brand.
Construction Starts Rose 2% in March
Hamilton, NJ, May 4, 2021-Total construction starts rose 2% in March to a seasonally adjusted annual rate of $825.3 billion, according to Dodge Data & Analytics.
Abel Named Buffett's Successor as CEO of Berkshire Hathaway
New York, NY, May 4, 2021—Berkshire Hathaway chief executive Warren Buffett is to be succeeded as CEO by vice chairman Greg Abel, reports the Wall Street Journal.
Orders for Manufactured Goods Rose 1.1% in March
Washington, DC, May 4, 2021—New orders for manufactured goods in March, up ten of the last eleven months, increased $5.8 billion or 1.1 percent to $512.9 billion, the U.S. Census Bureau reported. This followed a 0.5% February decrease.
Goods & Services Deficit Expanded by $3.9 Billion in March
Washington, DC, May 4, 2021-The goods and services deficit was $74.4 billion in March, up $3.9 billion from $70.5 billion in February, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.