Unemployment Rate Fell to 8.4% in August
Washington, DC, October 2, 2020-Total nonfarm payroll employment rose by 1.4 million in August, and the unemployment rate fell to 8.4%, the U.S. Bureau of Labor Statistics reported.
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.
Orders for Manufactured Goods Rose 0.7% in August
Washington, DC, October 2, 2020—New orders for manufactured goods in August, up four consecutive months, increased $3.2 billion or 0.7% to $470.1 billion, the U.S. Census Bureau reported. This followed a 6.5% July increase.
William M. Bird Expands Partnership with Protect-All Flooring
Charleston, SC, October 1, 2020-Flooring distributor William M. Bird announced today it has expanded its distribution partnership with Protect-All Flooring.
NTCA Five-Star Contractor Project Winners Announced
Flowood, MS, October 2, 2020-The National Tile Contractors Association has announced its 2020 NTCA Five-Star Contractor Project of the Year winners.
Ted Decker Named President & COO of Home Depot
Atlanta, GA, October 2, 2020—The Home Depot has announced that Edward "Ted" P. Decker has been named president and chief operating officer, effective October 5.
Consumer Spending Rose 1.0% in August
Washington, DC, October 1, 2020—Personal income decreased $543.5 billion (2.7%) in August, according to estimates released by the Bureau of Economic Analysis.
E.J. Welch Acquires Territories from Gilford-Johnson
St. Louis, MO, October 1, 2020-E. J. Welch, a division of Center Rock Capital Partners’ Merit Distribution Group, based in St. Louis, Missouri, has acquired the Indiana, Western Tennessee, Kentucky and Ohio territories of Gilford-Johnson Flooring effective September 28, 2020.
Purchasing Managers' Index Dipped to 55.4% in September
Tempe, AZ, October 1, 2020-The September Purchasing Managers’ Index (PMI) registered 55.4%, down 0.6 percentage point from the August reading of 56%, according to the Manufacturing ISM Report On Business.
Construction Spending Rose 1.4% in August
Washington, DC, October 1, 2020-Construction spending during August 2020 was estimated at a seasonally adjusted annual rate of $1,412.8 billion, 1.4% above the revised July estimate of $1,392.7 billion, according to the U.S. Census Bureau.
Kellie Ballew Named Vice President of Global Sustainability for Shaw
Dalton, GA, October 1, 2020—Shaw Industries has promoted Kellie Ballew to vice president of global sustainability.