Consumer Sentiment Edged Down in January
Ann Arbor, MI, Jan. 31, 2014 -- Consumer sentiment declined in January to a final reading of 81.2 from a final December level of 82.5, according to the University of Michigan/Thomson Reuters survey.
Today's Flooring News
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Consumer Spending Ahead of Expectations
Washington, DC, Jan. 31, 2014 -- Consumer spending rose more than forecast in December even as incomes were flat, according to the Commerce Department.
NALFA Presents Lammy Awards at Surfaces
Las Vegas, NV, Jan. 31, 2014 -- The North American Laminate Flooring Association named the winners of the 2013 Lammy Awards, recognizing companies and individuals for excellence in the laminate flooring industry.
Sherwin-Williams Income Surges in Quarter
Cleveland, OH, Jan. 31, 2014 -- Sherwin-Williams reported that fourth quarter net sales increased increased $235.2 million, or 10.6%, to $2.46 billion.
Beazer Homes Narrows Loss on Higher Sales
Atlanta, GA, Jan. 31, 2014 -- Beazer Homes reported a much smaller quarterly loss than it did a year ago on rising revenues.
Lumber Liquidators Investing $60M in Virginia
Toano, VA, Jan. 31, 2014 -- Lumber Liquidators will invest more than $60 million in its corporate and manufacturing operations, according to Area Development Online.
Weather, Prices Depress Pending Home Sales
Washington, DC, Jan. 30, 2014 -- Pending home sales fell in December by 8.7%, according to the National Association of Realtors.
GDP Rises 3.2% in Fourth Quarter
Washington, DC, Jan. 30, 2014 -- Gross domestic product grew at a seasonally adjusted annual rate of 3.2% in the fourth quarter, the Commerce Department said Thursday.
INSTALL Doubles Its Labor Warranty
Chicago, IL, Jan. 30, 2014 -- The International Standards and Training Alliance (INSTALL) has doubled its warranty on labor to two years and $10,000, effectively immediately.
Recofloor to Recognize 2013 'Champions'
London, England, Jan. 30, 2014 -- Recofloor, the vinyl flooring recycling program, will be honoring its "champions" at its 2014 annual awards event March 12.