Construction Spending Rises Unexpectedly
Washington, DC, March 3, 2014 -- Construction spending in the U.S. rose 0.1% in January to a seasonally adjusted annual rate of $943.1 billion, according to the Commerce Department.
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.
QEP Completes Acquisition of Faus Group
Boca Raton, FL, March 3, 2014 -- QEP Co. said it has completed the acquisition of laminate maker Faus Group.
Personal Spending, Income Both Rise in January
Washington, DC, March 5, 2014 -- Personal income and spending both rose in January, according to the Commerce Department.
Textile Cleaning Standard Open for Comment
Vancouver, WA, March 3, 2014 -- The Institute of Inspection, Cleaning and Restoration Certification said it is revising the IICRC S100-2011 Standard and Reference Guide for Professional Cleaning of Textile Floor Coverings.
Manufacturing Improves in February
Tempe, AZ, March 3, 2014 -- The Institute for Supply Management's manufacturing survey rose to 53.2 in February, up from 51.3 in January.
WFCA Opposes New Silica Work Proposal
Anaheim, CA, March 3, 2014 -- The World Floor Covering Association has notified the Occupational Safety and Health Administration of the association’s objections to new rules that have been proposed for work involving crystalline silica.
Berkshire Reports 10% Increase in Earnings
Omaha, NE, March 3, 2014 -- Berkshire Hathaway, parent company of Shaw Industries, said Saturday that fourth quarter income rose 10%.
Pending Home Sales Near Two-Year Low
Washington, DC, Feb. 28, 2014 -- Pending home sales rose 0.1% in January, but remained near a two-year low, the National Association of Realtors reported.
Consumer Sentiment Ticks Up in February
Ann Arbor, MI, Feb. 28, 2014 -- Consumer sentiment rose to 81.6 in February from an initial reading of 81.2, according to the Thomson Reuters/University of Michigan.
Builder Sentiment in Multi-Family Housing Drops
Washington, DC, Feb. 28, 2014 -- The National Association of Home Builders' Multifamily Production Index showed a slight weakening as the index declined four points to 50 in the fourth quarter.