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.

Xpress Global Systems Expands into Ohio

Xpress Global Systems Expands into Ohio

Chattanooga, TN, November 4, 2019—Xpress Global Systems announced its expansion into Ohio with the opening of a service center outside Youngstown, in nearby Austintown.

Construction Spending Inched Up in September

Construction Spending Inched Up in September

Washington, DC, November 1, 2019—Construction spending during September 2019 was estimated at a seasonally adjusted annual rate of $1,293.6 billion, 0.5% above the revised August estimate of $1,287.1 billion, according to the U.S. Census Bureau.

Builder Confidence in 55+ Housing Market Hits Highest-Ever Reading

Builder Confidence in 55+ Housing Market Hits Highest-Ever Reading

Washington, DC, November 1, 2019--Builder confidence in the single-family 55+ housing market rose one point in the third quarter of 2019, returning to its record-high reading of 72, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released.

October Purchasing Managers' Index Edged Up to 48.3%

October Purchasing Managers' Index Edged Up to 48.3%

Tempe, AZ, November 1, 2019-The October Purchasing Managers’ Index registered 48.3%, an increase of 0.5 percentage point from the September reading of 47.8%, according to the latest Manufacturing ISM Report On Business.

Unemployment Steady at 3.6% in October

Unemployment Steady at 3.6% in October

Washington, DC, November 1, 2019—Total nonfarm payroll employment rose by 128,000 in October, and the unemployment rate was little changed at 3.6%, the U.S. Bureau of Labor Statistics reported.