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.
Simsbury, CT, August 5, 2015—A group of furniture industry veterans has created a new concept called the International Rug Group that will enable furniture retailers to sell area rugs through a store-with-a-store concept, according to furnituretoday.com.
Chicago, IL, August 5, 2015—The North American Association of Floor Covering Distributors’ (NAFCD) 2015 Profit Analysis Report (PAR) is now available for purchase.
Lenexa, KS, August 4, 2015—The board of International Certified Flooring Installers Association, Inc. (CFI) has tapped Robert Varden to take over as CEO of the organization.
Washington, DC, August 4, 2015—New orders for manufactured goods rebounded in June, increasing by 1.8% after a revised 1.1% decline in May, according to the Commerce Department.
Irvine, CA, August 4, 2015— Home prices nationwide, including distressed sales, increased by 6.5% in June 2015 compared with June 2014, according to the June 2015 CoreLogic Home Price Index (HPI).
Washington, DC, August 3, 2015—Construction spending during June 2015 was estimated at a seasonally adjusted annual rate of $1,064.6 billion, 0.1% above the revised May estimate of $1,063.5 billion, according to the U.S. Census Bureau.
Ann Arbor, MI, August 3, 2015—Consumer confidence slipped to 93.1 in July, down 3.1% from June’s 96.1 reading, according to the final results for the University of Michigan’s Survey of Consumers.
Washington, DC, August 3, 2015—Personal income increased $68.1 billion, or 0.4%, and disposable personal income (DPI) increased $60.6 billion, or 0.5%, in June, according to the Bureau of Economic Analysis.
Irvine, CA, August 3, 2015—As of the end of the second quarter of 2015, 13.3% of all U.S. properties with a mortgage were seriously underwater, according to RealtyTrac's Q2 2015 U.S. Home Equity & Underwater Report.
Lancaster, PA, August 3, 2015—Armstrong World Industries named The Kroger Co. as its 2014 Flooring Recycler of the Year.