Consumer Sentiment Rose 2.9% in February
Ann Arbor, MI, March 4, 2019-Consumer sentiment rose 2.9% to 93.8 in February, from January’s 91.2 rate, according to final results from the University of Michigan Survey of Consumers.
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.
Oregon Passes Statewide Rent Control Measure
Salem, OR, March 4, 2019—Oregon Governor Kate Brown signed the nation's first statewide mandatory rent control measure on February 28, presenting a victory to advocates who say spiraling rent costs in the economically booming state have fueled homelessness and housing insecurity, reports KATU.
ISM Manu. Index Records Decrease for Feb., Remains Positive
Tempe, AZ, March 4, 2019— The February Purchasing Managers Index (PMI) registered 54.2%, an decrease of 2.4 percentage points from the January reading of 56.6%, according to the latest Manufacturing ISM Report On Business.
Personal Income Rose in December, Virtually Flat in January
Washington, DC, March 4, 2019—Personal income increased $179.0 billion (1.0%) in December and decreased $23.8 billion (-0.1%) in January, according to estimates by the Bureau of Economic Analysis.
High Point Market Releases Seminar Schedule
High Point, NC, March 4, 2019—International Market Centers has announced the schedule for IMC-hosted seminars, tours and hospitality offerings for Spring 2019 High Point Market, running April 6 to April 10.
Stifel Estimates U.S. LVT Market Grew 20% to $3 billion in 2018
St. Louis, MO, March 1, 2019-Analyst Stifel released a report following up on Mohawk’s fiscal year 2018 on February 28. Stifel’s preliminary estimate indicates that the U.S. LVT market was $3 billion (wholesale value).
FCIF Receives Donation from Domotex USA
Atlanta, GA, March 1, 2019-Deutsche Messe’s Dr. Andreas Gruchow presented the Floor Covering Industry Foundation (FCIF) with a check for $10,000 on the opening day of Domotex USA’s inaugueral show.
I4F Files Infringement Lawsuit Against Wellmade and Costco
Willemstad, Curacao, March 1, 2019-I4F, a group of companies providing patents and technologies to the flooring industry, today announced that it has filed a patent infringement lawsuit against Wellmade Floor Coverings International, Inc., d/b/a Wellmade Performance Flooring, and U.S. retailer Costco for the manufacturing, using, importing and selling of HDPC Rigid Core Waterproof Planks using Unilin’s Unipush locking system in the United States.
Cersaie Launches a New Image Strategy
Sassuolo, Italy, March 1, 2019-To reflect the many changes the show has undergone in recent years as well as broader developments in the world of architecture and design, Cersaie is adopting a new image.
Mohawk Achieves LEED Gold with Its New York Showroom
Calhoun, GA, March 1, 2019-Mohawk Group has officially attained LEED v4 Gold certification and WELL Certification at the Platinum level for its flagship showroom in New York. Designed by Gensler, the 13,000-square-foot Chelsea retail space is one of the few projects in the world to be certified under both programs and associated levels.