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.
Washington, DC, March 1, 2018—Construction spending during January 2018 was estimated at a seasonally adjusted annual rate of $1,262.8 billion, nearly the same as (±1.0%) the revised December estimate of $1,262.7 billion, according to the U.S. Census Bureau.
Dalton, GA, March 1, 2018—The Manufacturing Institute will award three Shaw employees with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award: Lisa Buice, commercial human resources director; Annie Cowart, client contact center director; and Brooklyn Lynam, process engineer.
Washington, DC, March 1, 2018—Personal income increased $64.7 billion (0.4%) in January, according to estimates released by the Bureau of Economic Analysis.
Tempe, AZ, March 1, 2018—The February Purchasing Manager’s Index (PMI) registered 60.8%, an increase of 1.7 percentage points from the January reading of 59.1%, according to the latest Manufacturing ISM Report On Business.
Dalton, GA, March 1, 2018—Phenix Flooring, a Pharr family company, has joined CarpetsPlus as an approved vendor.
Washington, DC, February 28, 2018—Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, according to the second estimate released by the Bureau of Economic Analysis.
Mooresville, NC, February 28, 2018—Lowe’s Companies reported net earnings of $554 million for Q4 2017, a decrease of 19.7%, compared to net earnings of $663 million in Q4 2016.
Washington, DC, February 28, 2018—The Pending Home Sales Index fell 4.7% to 104.6 in January from a downwardly revised 109.8 in December 2017, according to the National Association of Realtors. After last month’s retreat, the index is now 3.8% below a year ago and at its lowest level since October 2014 (104.1).
Horsham, PA, February 28, 2018—Toll Brothers reported revenues of $1.2 billion for Q1 2018, an increase of 28% compared to Q1 2017’s $920 million.
Chattanooga, TN, February 28, 2018—The deadline for the 2018 Vision Design Awards has been extended until March 9.