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.

Balta Announces IPO Price Range

Balta Announces IPO Price Range

Brussels, BE, May 31, 2017—Balta plans to raise 264 million euros ($295.0 million) in its initial public offering on the Brussels stock exchange, selling its shares at between 13.25 and 16.00 euros a piece, according to Reuters.

Consumer Sentiment Rose 0.1% in May, Up 2.5% YOY

Consumer Sentiment Rose 0.1% in May, Up 2.5% YOY

Ann Arbor, MI, May 26, 2017—Consumer sentiment closed May 2017 at a rate of 97.1, a 0.1% increase over April’s 97.0 rate, according to final results from the University of Michigan Survey of Consumers.

Multifamily Production Fell Seven Points to 48 in in Q1

Multifamily Production Fell Seven Points to 48 in in Q1

Arlington, VA, May 26, 2017—The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), dropped seven points to 48 in the first quarter of 2017. The MPI has not had a reading of under 50 since the fourth quarter of 2011.