Personal Income & Spending Increased in February
Washington, DC, March 27, 2020—Personal income increased $106.8 billion (0.6%) in February, according to estimates by the Bureau of Economic Analysis.
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.
NAHB Calls on DHS to Designate Home Building as "Essential Business"
Washington, DC, March 27, 2020-In an effort spearheaded by NAHB, 90 companies and organizations have called on the Department of Homeland Security (DHS) to designate construction of single-family and multifamily housing as an “Essential Infrastructure Business.”
Consumer Sentiment Fell 11.8% in March
Ann Arbor, MI, March 27, 2020—Consumer sentiment fell 11.8% in March to 89.1, according to final results from the University of Michigan Survey of Consumers.
Mannington Commercial Creates Hotline for Product Use in Temporary Care Facilities
Salem, NJ, March 27, 2020-Mannington Commercial announces it has established a hotline to assist with FEMA contractors and related service providers to ensure the availability of resilient sheet products for use in temporary care facilities.
Floor & Decor Executives Take Temporary Pay Cut
Atlanta, GA, March 27, 2020—Floor & Décor’s top executives will be taking temporary pay cuts due to the coronavirus pandemic, reports that Atlanta Business Chronicle
DOL Releases Guidance on "Families First Coronavirus Response Act"
Washington, DC, March 27, 2020—The U.S. Department of Labor’s Wage and Hour Division (WHD) announced more guidance to provide information to workers and employers about how each will be able to take advantage of the protections and relief offered by the Families First Coronavirus Response Act (FFCRA) when it takes effect on April 1, 2020.
Coverings to Launch Online Version of Event, Coverings Connected
Arlington, VA, March 27, 2020--Due to the cancellation of the Coverings 2020 show in New Orleans, the organization will introduce Coverings Connected.
Jobless Claims Rose by More than Three Million Last Week Due to Covid-19
Washington, DC, March 26, 2020-In the week ending March 21, the advance figure for seasonally adjusted initial claims was 3,283,000, an increase of 3,001,000 from the previous week's revised level, according to the Department of Labor.
Q4 GDP Holds at 2.1% in Third Estimate
Washington, DC, March 26, 2020-- Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q4 2019, according to the third estimate released by the Bureau of Economic Analysis.
Confindustria Ceramica Makes Donation to Help Hospitals Buy Beds
New York, NY, March 26, 2020—Confindustria Ceramica donated €200,000 to the Hospital Foundation of Sassuolo and to hospitals in the province of Reggio Emilia for the public health emergency.