Futura Industries, Suppler of Trims & Transitions, Joins Starnet
Columbus, OH, September 30, 2019—Starnet has announced that Futura Industries has joined the network as a preferred vendor partner.
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.
Consumer Sentiment Rose 3.8% in September
Ann Arbor, MI, September 27, 2019—Consumer sentiment rose 3.8% to 93.2 in September, according to final results from the University of Michigan.
USFloors Launches New Mineral Core Multilayered Floor During Cersaie
Bologna, IT, September 27, 2019-During the last Cersaie flooring trade show in Italy, USFloors launched its new Ceratouch flooring.
Orders for Manufacturered Goods Ticked Up 0.2% in August
Washington, DC, September 27, 2019-New orders for manufactured durable goods in August increased $0.5 billion or 0.2% to $250.7 billion, the U.S. Census Bureau announced.
Personal Income & Spending Increased in August
Washington, DC, September 27, 2019-Personal income increased $73.5 billion (0.4%) in August, according to estimates released by the Bureau of Economic Analysis.
Lumber Mills Suffering Under U.S.-China Trade War
New York, NY, September 27, 2019-As a fallout of the U.S.-China trade war, U.S. lumber mills are struggling and laying off workers, reports the Wall Street Journal in an article called, “‘It’s a Crisis’; Lumber Mills Slash Jobs as Trade War Cuts Deep” by Austen Hufford.
New Home Sales Rose 7.1% in August, Up 18% YOY
Washington, DC, September 26, 2019-Sales of new single-family houses in August 2019 were at a seasonally adjusted annual rate of 713,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.1% above the revised July rate of 666,000 and is 18.0% above the August 2018 estimate of 604,000.
Pending Home Sales Up 1.6% in August
Washington, DC, September 26, 2019—The Pending Home Sales Index climbed 1.6% to 107.3 in August, reversing the prior month’s decrease, according to the National Association of Realtors.
Q2 GDP Remains Steady at 2.0% in Third Estimate
Washington, DC, September 26, 2019-Real gross domestic product (GDP) increased at an annual rate of 2.0% in Q2, according to the third estimate released by the Bureau of Economic Analysis.
Consolidated Carpet Hosts First ConsoCon Event in NYC
New York, NY, September 20, 2019-On the evening on September 19, Consolidated Carpet hosted its first ConsoCon event at the Metropolitan West in New York City.