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.

March Retail Sales Rose 3.6% YOY

March Retail Sales Rose 3.6% YOY

Washington, DC, April 18, 2019-Advance estimates of U.S. retail and food services sales for March 2019 were $514.1 billion, an increase of 1.6% from the previous month, and 3.6% above March 2018, according to the U.S. Census Bureau.

AIA Billings Index Dips Negative After 25 Positive Months

AIA Billings Index Dips Negative After 25 Positive Months

Washington, DC, April 18, 2019-Following consistently increasing demand for design services for over two years, the Architecture Billings Index dipped into negative territory in March with a score of 47.8, according to a new report today from The American Institute of Architects (AIA).

Remodeling Expenditures Will Slow by Q1 2020, Forecasts JCHS

Remodeling Expenditures Will Slow by Q1 2020, Forecasts JCHS

Cambridge, MA, April 18, 2019—Annual gains in improvement and repair spending on the owner-occupied housing stock are projected to continue decelerating through early next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Distributive Sales & Manu. Shipments Rose 2.4% YOY in February

Distributive Sales & Manu. Shipments Rose 2.4% YOY in February

Washington, DC, April 18, 2019—The combined value of distributive trade sales and manufacturers’ shipments for February was estimated at $1,446.8 billion, up 0.1% from January 2019 and was up 2.4% from February 2018, according to the U.S. Census Bureau.

Tarkett Moving Canadian Manufacturing Operations to U.S.

Tarkett Moving Canadian Manufacturing Operations to U.S.

Paris, France, April 17, 2019—Tarkett is transitioning all manufacturing activities from Waterloo, Ontario and Truro, Nova Scotia in Canada to manufacturing locations in the U.S., resulting in the closure of both the Waterloo plant, which produces flooring accessories, and the Truro plant, which produces commercial carpet rolls.

Goods & Services Deficit Down $1.8 Billion in February

Goods & Services Deficit Down $1.8 Billion in February

Washington, DC, April 17, 2019—The goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Wholesaler Sales Inched Up 0.3% in February

Wholesaler Sales Inched Up 0.3% in February

Washington, DC, April 17, 2019—February 2019 sales of merchant wholesalers were $495.9 billion, up 0.3% from the revised January level and were up 2.1% from the February 2018 level, according to the U.S. Census Bureau.