Today's Flooring News

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Swiss Krono USA Appoints New EVP of Sales and Marketing

Swiss Krono USA Appoints New EVP of Sales and Marketing

Barnwell, SC, July 30, 2021-Laminate producer Swiss Krono USA, a subsidiary of the Swiss Krono Group, has announced that its EVP of sales and marketing, Travis Bass, will be retiring at the end of 2021 after 21 years with the firm, and will be succeeded by Kyle Brown, formerly vice president of global sales at Aden + Anais.

Household Spending Rose in June

Household Spending Rose in June

New York, NY, July 30, 2021—According to the Wall Street Journal, U.S. household spending in June grew by 1% as consumers spent more on services, but the recent increase in Covid cases due to the Delta variant is leading to economic uncertainty.

GDP Rises to 6.5% in Q2 2021

GDP Rises to 6.5% in Q2 2021

Washington, D.C., July 29, 2021-For the second quarter of 2021, real gross domestic product (GDP) climbed marginally to 6.5% from a revised 6.4% in Q1.

Weekly Jobless Claims Fall to 400,000

Weekly Jobless Claims Fall to 400,000

Washington, D.C., July 29, 2021—According to the Labor Department, U.S. jobless claims fell last week by 24,000 to 400,000, another sign of the improving job market in the wake of the Covid-driven recession.

Construction Starts Fell 7% in June

Construction Starts Fell 7% in June

Hamilton Township, NJ, July 28, 2021— Total construction starts fell 7% in June, declining to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics.