Job Openings Held Steady at 7.3M in June
Washington, DC, August 6, 2019-- The number of job openings was little changed at 7.3 million on the last business day of June, the U.S. Bureau of Labor Statistics reported.
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.
Dixie Sales Down 5.7% in Q2
Dalton, GA, August 5, 2019-The Dixie Group reported a Q2 2019 net sales loss of 5.7% year over year (YOY). For Q2 2019, the company had a loss from continuing operations of $1,216,000, compared to a loss of $1,815,000 in Q2 2018.
Floor & Decor Sales Up 19.8% in Q2, Comp Sales Up 3%
Atlanta, GA, August 5, 2019-Floor & Decor reported a net sales increase of 19.8% year over year (YOY) for Q2 2019.
Interior Logic Group Acquires Flooring Systems
Irvine, CA, August 5, 2019-Interior Logic Group (ILG) has acquired Flooring Systems, a Houston, Texas-based design studio services and flooring installation business.
D.R. Horton Homebuilding Revenue Up 10% in Q3
Arlington, TX, August 5, 2019--D.R. Horton reported net income for Q3 rose 5% to $474.8 million year over year (YOY).
Non-Manufacturing Index Down but Still Positive in June
Tempe, AZ, August 5, 2019—The Non-Manufacturing Index registered 53.7%, which is 1.4 percentage points lower than the June reading of 55.1%, according to the latest Non-Manufacturing ISM Report on Business. This represents continued growth in the non-manufacturing sector, at a slower rate.
Antidumping Rates Raised on Chinese Engineered Wood Flooring
Sterling, VA, August 2, 2019-The antidumping rates (AD) for Chinese engineered wood flooring imports have increased significantly for nearly all Chinese producers, who were previously paying zero antidumping duties, according to the Decorative Hardwoods Association.
Consumer Sentiment Rose 0.2% in July
Ann Arbor, MI, August 2, 2019—Consumer sentiment rose 0.2% to 98.4 in July from June’s 98.2 rate, according to final results from the University of Michigan.
Orders for Manufactured Good Rose 0.6% in June
Washington, DC, August 2, 2019— New orders for manufactured goods in June, up following two consecutive monthly decreases, increased $3.1 billion or 0.6% to $493.8 billion, the U.S. Census Bureau reported.
David Sheehan Returns to Mannington as VP of Strategic Dev.
Salem, NJ, August 2, 2019––Mannington Mills has announced that David Sheehan has rejoined the company as vice president of strategic development.