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.

Labor Productivity Increased by 3.6% in Q1

Labor Productivity Increased by 3.6% in Q1

Washington, DC, May 2, 2019—Nonfarm business sector labor productivity increased 3.6% in the first quarter of 2019, the U.S. Bureau of Labor Statistics reported, as output increased 4.1% and hours worked increased 0.5%.

Orders for Manufactured Goods Rose 1.9% in March

Orders for Manufactured Goods Rose 1.9% in March

Washington, DC, May 2, 2019—New orders for manufactured goods in March, up following two consecutive monthly decreases, increased $9.3 billion or 1.9% to $508.2 billion, the U.S. Census Bureau reported.

Construction Spending Down 0.9% in March

Construction Spending Down 0.9% in March

Washington, DC, May 1, 2019—Construction spending during March 2019 was estimated at a seasonally adjusted annual rate of $1,282.2 billion, 0.9% below the revised February estimate of $1,293.3 billion, according to the U.S. Census Bureau.

Home Depot CFO Carol Tomé to Retire, Successor Named

Home Depot CFO Carol Tomé to Retire, Successor Named

Atlanta, GA, May 1, 2019-The Home Depot has announced that Carol Tomé, chief financial officer and executive vice president of corporate services, has decided to retire on August 31 after 24 years of service to the company.