Tarkett Total Revenues Rose 1.8% in Q3 Though NA Declined
Paris, FR, November 1, 2024-For Q3 2024, Tarkett reported group net sales came to 1,002 million Euros, up 1.8% compared to Q3 2023.
Today's Flooring News
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Construction Spending Rose 0.1% in September
Washington, DC, November 1, 2024—Construction spending during September 2024 was estimated at a seasonally adjusted annual rate of $2,148.8 billion, 0.1% above the revised August estimate of $2,146.0 billion, according to the U.S. Census Bureau.
Ceramic Category Poised for Opportunity, Says Zwicker
Boston, MA, November 1, 2024-Speaking to Total Solutions Plus attendees at this week's tile industry conference in Boston, consultant Bruce Zwicker said ceramic professionals have a huge opportunity in the market.
NTCA Names 2024 Tile Setter Craftsperson of the Year Winners
Jackson, MS, October 31, 2024 - The National Tile Contractors Association (NTCA) has announced the recipients of the 2024 NTCA Tile Setter Craftsperson of the Year awards, honoring two exceptional tile professionals for their dedication, craftsmanship, and industry leadership.
Employment Rose by 12,000 in October
Washington, DC, November 1, 2024-Total nonfarm payroll employment was essentially unchanged in October (+12,000), and the unemployment rate was unchanged at 4.1%, the U.S. Bureau of Labor Statistics reported.
Purchasing Managers' Index Declined to 47.2% in October
Tempe, AZ, November 1, 2024-The Manufacturing Purchasing Managers’ Index (PMI) registered 46.5% in October, 0.7 percentage point lower compared to the 47.2% recorded in September, say the nation's supply executives in the latest Manufacturing ISM Report On Business. This is the lowest Manufacturing PMI reading in 2024.
Floor & Décor Sales Up 0.9% in Q3, Earnings Down 21.6%
Atlanta, GA, October 31, 2024—Floor & Décor announced net sales of $1,117.9 million for Q3 2024, an increase of 0.9% from $1,107.8 million in Q3 2023. Comparable store sales decreased 6.4%.
Personal Income Rose 0.3% in September
Washington, DC, October 31, 2024—Personal income increased $71.6 billion (0.3% at a monthly rate) in September, according to estimates released by the U.S. Bureau of Economic Analysis.
Homeownership Rate for 35 and Under Dropped to 37% in Q3
Washington, DC, October 31, 2024--Amidst elevated mortgage interest rates and tight housing supply, housing affordability is at a multidecade low, reports the National Association of Home Builders.
Retailers at High Point Market Optimistic About 2025
High Point, NC, October 31, 2024—"Retailers attending High Point Market are expecting better times ahead and as early as the first half of 2025, according to a TD Bank survey taken Oct. 26-28 at the fall market,” reports Furniture Today.