Industrial Production Rose 1.1% in February
Washington, DC, March 16, 2018—Industrial production rose 1.1% in February following a decline of 0.3% in January, according to the Federal Reserve.
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.
Construction Employment Up in 248 Metro Areas in January YOY
Washington, DC, March 16, 2018—Construction employment increased in 248 out of 358 metro areas between January 2017 and January 2018, declined in 68 and stagnated in 42, according to a new analysis of federal employment data released today by the Associated General Contractors of America.
I4F Rolls Out Patent Cluster Concept
Willemstad, Curaçao, March 16, 2018—I4F has announced plans to introduce its new Patent Cluster Concept (PCC) system at this year’s DomotexAsia/Chinafloors.
Housing Starts and Permits Fell in February, Completions Rose
Washington, DC, March 16, 2018— Privately-owned housing starts in February were at a seasonally adjusted annual rate of 1,236,000, according to the U.S. Census Bureau.
Spartan Surfaces Expands Representation of American Biltrite
Bel Air, MD, March 16, 2018—In the fourth quarter of 2016, Spartan Surfaces began its relationship with American Biltrite in the Midwest market, and, today, Spartan is the sole distributor of American Biltrite in 16 states.
Builder Confidence Remained Positive in March at 70
Washington, DC, March 15, 2018—Builder confidence in the market for newly-built single-family homes edged down one point to a level of 70 in March from a downwardly revised February reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) but remains in strong territory.
Palo Duro Hardwood Announces a New Management Team
Denver, CO, March 15, 2018—Together, Tom Ruekert and Marc Schulz will assume all responsibilities for management of Palo Duro Hardwood and for Lägler North America, effective immediately.
Card Monroe Corp. Wins ColorPoint Patent Infringement Case
Chattanooga, TN, March 15, 2018—After approximately three years of litigation, the patent infringement suit brought by Card Monroe Corp. (CMC) against Tuftco Corp. (Tuftco) for infringement of CMC’s United States Patents Nos. 8,141,505, 8,359,989, and 8,776,703 has been officially concluded.
Import Prices Rose 0.4% in February
Washington, DC, March 15, 2018—U.S. import prices increased 0.4% in February, the U.S. Bureau of Labor Statistics reported, after rising 0.8% in January, according to the Bureau of Labor Statistics.
Starnet & NTCA Complete First Joint Training Program
Darien, CT, March 15, 2018—Starnet Commercial Flooring announced that it completed the first annual Starnet NTCA Tile and Stone Training program.