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.

Trade Deficit Narrowed Sharply in July

Trade Deficit Narrowed Sharply in July

Washington, DC, September 2, 2016—The goods and services deficit was $39.5 billion in July, down $5.2 billion from $44.7 billion in June, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce.

Distribution Management University Details Announced

Distribution Management University Details Announced

Chicago, IL, September 2, 2016—The 2016 Distribution Management University (DMU) will be held in conjunction with the NAFCD + NBMDA Annual Convention on November 1 from 8:30 a.m. to 4:00 p.m. at the Hyatt Regency Chicago in Chicago.

ISM Report Shows Contraction in August

ISM Report Shows Contraction in August

Tempe, AZ, September 2, 2016—The August Purchasing Managers Index registered 49.4%, a decrease of 3.2 percentage points from the July reading of 52.6%, say the nation's supply executives in the latest Manufacturing ISM Report On Business.

Construction Spending Holds Steady, Worker Shortage Continues

Construction Spending Holds Steady, Worker Shortage Continues

Arlington, VA, September 2, 2016—Construction spending remained steady in July compared to June but is up by 5.6% for the first seven months of the year compared to same period in 2015, according to an analysis by the Associated General Contractors of Ame

Phil Harmon Named President of Universal Fibers

Phil Harmon Named President of Universal Fibers

Bristol, VA, September 1, 2016—Universal Fiber Systems—which consists of two operating units, Universal Fibers and Premiere Fibers—has announced the appointment of Phil Harmon as president of Universal Fibers.