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.
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.
Quality Craft Opens Support Center in Romeoville, Illinois
Romeoville, IL, November 4, 2019—Quality Craft, a building products company focused on storage, outdoor living, and flooring products, has announced the opening of its U.S. support center in Romeoville, Illinois on October 24.
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
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%
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.
Lowe's Follows Home Depot in Phasing Out Carpet with PFAS
Washington, DC, October 31, 2019-Lowe’s has updated its chemical policy to reflect that it will phase out the sale of all indoor residential carpets and rugs containing per- and polyfluoroalkyl substances (PFAS).
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.
Invista Completes $15M Renovation of Texas Wetlands
Victoria, TX, November 1, 2019—Invista’s Victoria, Texas, site has completed a 15-month, multi-million-dollar investment project to renovate its 53-acre wetland.
Personal Income & Spending Increased in September
Washington, DC, October 31, 2019-Personal income increased $50.2 billion (0.3%) in September, according to estimates released by the Bureau of Economic Analysis.
Manzella Named SVP of Florim; Fregni Steps Away
Clarksville, TN, October 31, 2019—Florim USA has announced that Marco Fregni has stepped away as chief executive officer, and Jana Manzella has been appointed the senior vice president of sales and marketing.