CFI Resumes In-Person Training
Forney, TX, November 10, 2020-The International Certified Flooring Installers Association (CFI) resumed its hands-on training after being sidelined since March because of the coronavirus pandemic.
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.
FloorFolio Utilizing 3D Video Technology to Showcase New LVT
Edison, NJ, November 10, 2020-FloorFolio is utilizing new 3D video technology to introduce five new LVT designs.
Manufacturers Fare Better Than Service-Providers in COVID Economy
New York, NY, November 9, 2020-Months into the Coronavirus pandemic, countries, workers and industries that rely on making stuff-from computers to furniture to toys-are getting by, or even thriving, while those that provide face-to-face services that people avoid out of fear of infection-traveling, eating out, going to the movies and some child care-are struggling, reports the Wall Street Journal.
Construction Momentum Index Declined 1.8% in October
Hamilton Township, NJ, November 9, 2020-The Dodge Momentum Index fell 1.8% in October to 127.5 (2000=100) from the revised September reading of 129.8.
Tarkett Expands Commitment to Carbon Neutrality
Solon, OH, November 9, 2020-Building on its long history of supporting the health of people and the planet, Tarkett North America is broadening its commitment to carbon neutrality.
Interface Reports YOY Declines for Q3 Sales & Income
Atlanta, GA, November 6, 2020-Interface reported Q3 2020 net sales of $279 million, down 20% versus $348 million in the prior year period. Declines in carpet tile were somewhat moderated by lesser declines in LVT and rubber.
Housing Affordability Declined in Q3, Says NAHB
Washington, DC, November 6, 2020—Record-low mortgage rates were not enough to offset inventory shortages and rising home prices as housing affordability continued to decline in the third quarter of 2020, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).
Employment Rose by 638K in Oct., Unemployment Declined to 6.9%
Washington, DC, November 6, 2020—Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9%, the U.S. Bureau of Labor Statistics reported.
ADG Reports on How COVID Is Impacting Construction Professionals
Washington, DC, November 6, 2020—Associated General Contractors (AGC) released the results of a survey of 1,077 construction professionals, conducted October 7 to 19.
Dixie Group Q3 Sales Down 10% YOY, Income Up
Dalton, GA, November 5, 2020—The Dixie Group reported Q3 2020 net sales of $85.9 million, a 10% decline compared to Q3 2019’s $95.4 million, though sales of residential products were up 3%.