Mortgage Debt Reached Record High in Q2
Washington, DC, August 14, 2019—U.S. mortgage debt reached a record in Q2, exceeding its 2008 peak as the financial crisis unfolded, reports the Wall Street Journal.
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.
Import Prices Inched Up 0.2% in July
Washington, DC, August 14, 2019—Prices for U.S. imports increased 0.2% in July, the U.S. Bureau of Labor Statistics reported, following a 1.1% decline the previous month.
Aquafil Releases 2018 Sustainability Report
Cartersville, GA, August 14, 2019—Aquafil has released its 2018 sustainability report.
ALJ, Carpets N' More Holding Co., Reports 6.1% Sales Loss in Q3
New York, NY, August 13, 2019-ALJ--a holding company, whose assets include Floors-N-More/Carpets N' More--reported a 6.1% net revenue decrease for Q3 2019.
Harlan Stone Featured in Wall Street Journal Story on Tariffs
New York, NY, August 12, 2019- Harlan Stone, CEO of HMTX Industries, is featured in a Wall Street Journal story “10% Tariffs Were Manageable. At 25%, Businesses Are Squirming.” by Chao Deng about the impact the tariff on Chinese goods has had on his vinyl flooring business.
Consumer Prices Rose 0.3% in July
Washington, DC, August 13, 2019—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in July on a seasonally adjusted basis after rising 0.1% in June, the U.S. Bureau of Labor Statistics reported.
Shaw Takes Sixth Spot on Elearning! Learning 100 List
Dalton, GA, August 13, 2019—Shaw Industries has earned national recognition for its education and training efforts.
Small Business Optimism Rose to 104.7 in July
Washington, DC, August 13, 2019-Small business optimism rose 1.4 points to 104.7 in July, with seven of ten components advancing, two falling, and one remaining unchanged, according to The NFIB Small Business Optimism Index.
Domotex USA 2020 Issues Call for Speakers
Chicago, IL, August 13, 2019-Hannover Fairs USA (HFUSA) has issued a call for Domotex USA 2020 speakers, inviting the floorcovering industry to propose the best speakers for its education sessions.
Nicole Granath Named Sustainability Manager for Novalis
Dalton, GA, August 13, 2019-Novalis Innovative Flooring recently named Nicole Granath as sustainability manager for its global operations.