Unilin Adding New Laminate Production in Belgium
Wielsbeke, Belgium, August 28, 2020—Unilin is investing in a new laminate flooring production line in Vielsalm, Belgium.
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.
Cali Included on Fastest Growing Private Companies List for 12th Year
San Diego, CA, August 28, 2020—Cali has been included on the Inc. 5000 Fastest Growing Private Companies list for the 12th consecutive year.
Mohawk, Engineered Floors & Shaw Issue Price Increases
Chattanooga, TN, August 27, 2020-Mohawk, Engineered Floors and Shaw have announced price increases.
Pending Home Sales Rose 5.9% in July
Washington, DC, August 27, 2020—The Pending Home Sales Index rose 5.9% to 122.1 in July, according to the National Association of Realtors.
GDP Slid 31.7% in Q2, Says BEA in Second Estimate
Washington, DC, August 27, 2020—Real gross domestic product (GDP) decreased at an annual rate of 31.7% in Q2 2020, according to the second estimate released by the Bureau of Economic Analysis.
Initial Jobless Claims Declined by 98K in Third Week of August
Washington, DC, August 27, 2020—In the week ending August 22, the advance figure for seasonally adjusted initial claims was 1,006,000, a decrease of 98,000 from the previous week's revised level, according to the Department of Labor.
Toll Brothers Reports Lower Income & Home Sales Revenues for Q3
Horsham, PA, August 26, 2020-Toll Brothers reported FY 2020 Q3 net income of $114.8 million, a 21.5% decline compared to net income of $146.3 million in FY 2019’s third quarter.
Orders for Durable Goods Rose 11.2% in July
Washington, DC, August 26, 2020-New orders for manufactured durable goods in July increased $23.2 billion or 11.2% to $230.7 billion, the U.S. Census Bureau announced. This increase, up three consecutive months, followed a 7.7% June increase.
Coverings Connected Hosting Events Today
Arlington, VA, August 26, 2020-Coverings Connected takes place today, with three live webinars.
Mortgage Applications Slid 6.5% in Third Week of August
Washington, DC, August 26, 2020—Mortgage applications decreased 6.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 21, 2020.