Private Sector Employment Rose by 307,000 Jobs in November
Roseland, NJ, December 2, 2020-Private sector employment increased by 307,000 jobs from October to November, according to the November 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 Slid 0.6% in Last Full Week of November
Washington, DC, December 2, 2020-Mortgage applications decreased 0.6% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 27, 2020.
2020 Tile of Spain Award Winners Announced
Miami, FL, December 2, 2020-Tile of Spain, the association representing over 125 Spanish tile manufacturers, has announced the winners of the 19th annual Tile of Spain Awards of Architecture and Interior Design.
Construction Spending Rose 1.3% in October
Washington, DC, December 1, 2020—Construction spending during October 2020 was estimated at a seasonally adjusted annual rate of $1,438.5 billion, 1.3% above the revised September estimate of $1,420.4 billion, according to the U.S. Census Bureau.
Q3 Kitchen & Bath Market Index Hits Highest Point in 2020
Hackettstown, NJ, December 1, 2020-For the first time this year, the Q3 Kitchen & Bath Market Index (KBMI) is above 50-at 61.9-up from 44.2 in Q2 and 41 in Q1, according to the National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC).
November Purchasing Managers' Index Slid to 57.5%
Tempe, AZ, December 1, 2020-The November Manufacturing Purchasing Managers' Index (PMI) registered 57.5%, down 1.8 percentage points from the October reading of 59.3%, according to the Manufacturing ISM Report On Business.
UK's 2020 National Flooring Innovation Award Winners Announced
Catton, Thirsk, UK, December 1, 2020-Winners of the United Kingdom’s 2020 National Flooring Innovation Awards have been announced.
Arropol Launching Hand Sanitizer Initiative to Support FCEF
Dalton, GA, November 30, 2020-Arropure, a new hand sanitizer brand made by Arropol Chemicals of Dalton, Georgia, has launched a “Helping Hand” initiative in support of the floorcovering industry.
November Pending Home Sales Slid 1.1% from Oct., but Rose 20.2% YOY
Washington, DC, November 30, 2020-The Pending Home Sales Index (PHSI) fell 1.1% to 128.9 in October, the second straight month of decline, according to the National Association of Realtors. Year-over-year, contract signings rose 20.2%.
Salone del Mobile.Milano Postponed from April to September
Milan, IT, November 30, 2020—The sixtieth edition of the Salone del Mobile.Milano 2021 will be held from September 5 to 10, not in April as is traditional.