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.
New York, NY, December 13, 2019-U.S. and Chinese officials announced a limited agreement to halt the trade war between the countries, with President Trump removing the threat of new tariffs on China in exchange for the country agreeing to purchases of American farm goods and other products, according to the Wall Street Journal.
Orange, CA, December 16, 2019—MSI launched a new showroom and distribution center in Indianapolis, Indiana with a full offering of its flooring, countertop, decorative mosaic, wall tile, and hardscape products.
Washington, DC, December 16, 2019-Builder confidence in the market for newly-built single-family homes increased five points to 76 in December off an upwardly revised November reading, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Atlanta, GA, December 16, 2019—Select Interior Concepts has announced that Sunil Palakodati, president of the Architectural Surfaces Group segment, will resign to pursue other interests, effective January 31, 2020.
Norwalk, CT, December 16, 2019 – HMTX Industries will showcase its family of companies at Domotex 2020, held January 10 to 16, 2020 at Domotex Germany.
Washington, DC, December 13, 2019—Advance estimates of U.S. retail and food services sales for November 2019 were $528.0 billion, an increase of 0.2% from the previous month and 3.3% above November 2018, according to the U.S. Census Bureau.
Chattanooga, TN, December 13, 2019--At a press conference yesterday, the World Floor Covering Association (WFCA) announced the first ever industry-wide initiative, “We are Part of the Solution,” to impact the installation shortage, forming an education foundation, donating $1 million to jumpstart the effort, and extending free membership to all independent floorcovering dealers.
Washington, DC, December 13, 2019—U.S. import prices rose 0.2% in November, the U.S. Bureau of Labor Statistics reported, following a 0.5% decrease in October.
Washington, DC, December 13, 2019-The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,456.0 billion, down 0.1% from September 2019 and was down 0.1% from October 2018, according to the U.S. Census Bureau.
Washington, DC, December 12, 2019-- The Producer Price Index for final demand was unchanged in November, the U.S. Bureau of Labor Statistics reported.