Chicago Floorcovering Assoc. Announces Details of Awards Dinner
Chicago, IL, December 2, 2019-The Chicago Floorcovering Association (CFA) will host its 2019 Presidential Awards Dinner on January 11, 2020.
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.
Milliken Enlists National Geographic for Articles on Sustainable Efforts
Spartanburg, SC, December 2, 2019—Milliken & Company has enlisted National Geographic to produce a series of custom articles in National Geographic magazine and on nationalgeographic.com designed to engage communities, customers and associates with key Milliken sustainability initiatives.
Q3 GDP Revised Up to 2.1% in Second Estimate
Washington, DC, November 27, 2019-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q3 of 2019, according to the second estimate released by the Bureau of Economic Analysis.
Oct. Pending Home Sales Down 1.7% from Sept. But Up 4.4% YOY
Washington, DC, November 27, 2019—Pending home sales fell 1.7% to 106.7 in October, according to the National Association of Realtors. Year-over-year contract signings jumped 4.4%. An index of 100 is equal to the level of contract activity in 2001.
Durable Goods Orders Rose 0.6% in October
Washington, DC, November 27, 2019—New orders for manufactured durable goods in October increased $1.5 billion or 0.6% to $248.7 billion, the U.S. Census Bureau announced.
Personal Income Virtually Flat in October
Washington, DC, November 27, 2019—Personal income increased $3.3 billion (less than 0.1%) in October, according to estimates released by the Bureau of Economic Analysis.
Mannington to Enter Residential Carpet Biz w/ Acquisition of Phenix-Pharr
Salem, NJ, November 26, 2019-Mannington Mills has signed an agreement to acquire Phenix Flooring and Pharr Fibers and Yarns from Pharr USA.
October's New Home Sales Inched Up from Sept., but Rose 31.6% YOY
Washington, DC, November 26, 2019—Sales of new single-family houses in October 2019 were at a seasonally adjusted annual rate of 733,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, a 0.7% below the revised September rate of 738,000, but is 31.6% above the October 2018 estimate of 557,000.
Home Prices Rose 3.2% YOY in September, Says Case-Shiller
New York, NY, November 26, 2019—Home prices made a 3.2% annual gain in September, up from 3.1% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
Emser Opens New Branch in Philadelphia
Los Angeles, CA, November 26, 2019—Emser Tile has opened its 76th branch in North America.