Interface Alters its Earnings Reporting
Atlanta, GA, May 6, 2021—Interface has expanded its financial reporting into two reportable segments, Americas (AMS) and Europe, Africa, Asia, and Australia (EAAA).
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.
Federal Judge Overturns National Eviction Moratorium
Washington, DC, May 6, 2021-A federal judge threw out a national eviction moratorium Wednesday after concluding it was legally unsupportable, upending a Covid-19 relief measure that has protected millions of tenants but created hardships for landlords, reports the Wall Street Journal.
Nisbet Named VP of Marketing for Swiff-Train
Houston, TX, May 6, 2021-Swiff-Train Company (STC) announces the promotion of Lindsey Nisbet into the role of vice president of marketing – STC.
Initial Jobless Claims Fell to 13-Month Low in Last Week of April
Washington, DC, May 6, 2021—In the week ending May 1, the advance figure for seasonally adjusted initial claims was 498,000, a decrease of 92,000 from the previous week's revised level, according to the Department of Labor.
Productivity Rose 5.4% in Q1
Washington, DC, May 6, 2021—Nonfarm business sector labor productivity increased 5.4% in Q1 2021, the U.S. Bureau of Labor Statistics reported, as output increased 8.4% and hours worked increased 2.9%.
Fire Destroys Carpet and Rug, Inc. Facility in Dalton
Dalton, GA, May 6, 2021. — A fire broke out on May 5 at 219 West Avenue in Dalton, according to II Alive.
U.S. Laminate Players Report Growth in 2020
Washington, DC, March 5, 2021-The North American Laminate Flooring Industry is proud to announce a rebound in category sales for 2020.
DAK Americas Issues Force Majeure on PET Resin
Charlotte, NC, May 4, 2021-The Alpek polyester business of DAK Americas has issued a force majeure due to the fact that its terephthalic acid facility in Altamira, Tamaulipas, Mexico is experiencing a water shortage.
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.
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.