Oil Prices Dropped 5.4% Yesterday
New York, NY, March 9, 2017—Oil prices had the largest one-day plunge in more than a year, according to the Wall Street Journal.
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.
DuPont Tate & Lyle Bio Products Hosts Anniversary Event Today
Loudon, TN, March 9, 2017—DuPont Tate & Lyle Bio Products is celebrating ten years of bio-based performance with key customers from around the world at an event today at its plant in Loudon, Tennessee.
Panariagroup Brand Blustyle Entering U.S. Market
New York, NY, March 9, 2017—Attendees at Coverings 2017 will be the first to experience the North American launch of a Blustyle, the newest Panariagroup brand to enter the U.S. market.
Innovations4Flooring & Unilin Comment on Recent Patent Ruling
Willemstad, Curacao, March 9, 2017—Innovations4Flooring (I4F) won a European Patent Office (EPO) opposition case against the Unilin group.
Home Prices Rose 6.9% YOY in January
Irvine, CA, March 8, 2017—Home prices nationwide, including distressed sales, increased year over year by 6.9% in January 2017 compared with January 2016 and increased month over month by 0.7% in January 2017 compared with December 2016, according to the CoreLogic Home Price Index.
Merchant Wholesaler Sales Rose 8.4% YOY in January
Washington, DC, March 8, 2017—January 2017 sales of merchant wholesalers were $463.6 billion, down 0.1% from the revised December level, but were up 8.4% from the January 2016 level, the U.S. Census Bureau reports.
MSI Announces Completion of Innovation Center
Orange, CA, March 8, 2017—MSI has built a new innovation center for its national marketing and merchandising team.
Fuse Alliance Annual Meeting Underway in Texas
Austin, TX, March 8, 2017—The Fuse Alliance meeting is currently underway in Austin, Texas.
Labor Productivity Rose 1.3% in Q4 2016, Output Rose 2.4%
Washington, DC, March 8, 2017--Nonfarm business sector labor productivity increased at a 1.3% annual rate during the fourth quarter of 2016, the U.S. Bureau of Labor Statistics has reported, as output increased 2.4% and hours worked increased 1.0%.
Armstrong Flooring Reports Q4 Loss
Lancaster, PA, March 7, 2017—Armstrong Flooring reported net sales of $271.7 million for Q4 2016, a 3% decrease from Q4 2015’s $280.1 million.