Consumer Sentiment Falls 4.4% in October
Ann Arbor, MI, October 28, 2016—Consumer sentiment fell 4.4% to 87.2, according to the final results for October 2016. September’s reading was 91.2.
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.
GDP Rose by 2.9% in Q3, According to Advance Estimate
Washington, DC, October 28, 2016—Real gross domestic product increased at an annual rate of 2.9% in the third quarter of 2016, according to the "advance" estimate released by the Bureau of Economic Analysis.
Milliken Floor Covering Division Releases Sustainability Report
Spartanburg, SC, October 28, 2016—The Milliken Floor Covering division released its second annual sustainability report with detailed insight and metrics addressing the company’s global operations, product offering and their impact on the environment.
Employee Compensation Rose 0.6% in Q3
Washington, DC, October 28, 2016—Compensation costs for civilian workers increased 0.6%, seasonally adjusted, for the three-month period ending in September 2016, the U.S. Bureau of Labor Statistics reported.
Lowe's Taps Michael P. McDermott as Chief Customer Officer
Mooresville, NC, October 28, 2016 –Lowe's has announced that Michael P. McDermott has been promoted to the position of chief customer officer, effective immediately.
Laticrete Supercap Partners with Texas Motor Speedway
Dallas, TX, October 28, 2016—Laticrete Supercap has partnered with Texas Motor Speedway to install new high-tech floors in the speedway’s two garage areas and tech bays.
NAFCD Issues 2016 Profit Analysis Report
Chicago, IL, October 28, 2016—The North American Association of Floor Covering Distributors (NAFCD) has released its 2016 NAFCD Profit Analysis Report (PAR), a financial and operational benchmarking report for NAFCD distributor members.
Registration Closing for Recycling Groups' Joint Meeting
Rock Hill, SC, October 28, 2016—The S.C. Carpet Recovery Coalition and Carolinas Plastics Recycling Council joint meeting will take place November 3 and 4 at Winthrop University in Rock Hill, South Carolina.
Bill Dearing, President of NALFA, Dies
Washington, DC, October 27, 2016—Bill Dearing, president of the North American Laminate Flooring Association (NALFA), died on October 24 at the age of 75.
Pending Home Sales Rose 1.5% in September
Washington, DC, October 27, 2016—The Pending Home Sales Index grew 1.5% to 110.0 in September from a slight downward revision of 108.4 in August, according to the National Association of Realtors.