ISM Purchasing Managers' Index Rose to 61.2 in May, Says ActionForex
New York, NY, June 1, 2021—ISM Manufacturing Purchasing Managers' Index (PMI) rose to 61.2 in May, up from 60.7, slightly above expectation of 61.5, reports ActionForex.
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.
Loloi Moving to New NYC Showroom
New York, NY, June 1, 2021—Loloi is moving its New York City showroom and will renovate and occupy the entire second floor at 260 5th Avenue, reports Furniture Today.
Kährs Names Lisa Gøttler to Board
Malmo, Sweden, June 1, 2021—The board of Kährs Group has appointed Lisa Gøttler a new board member as part of the company's strategic efforts to develop the digital customer journey.
Consumer Sentiment Slid 6.1% to 82.9 in May
Ann Arbor, MI, May 28, 2021—Consumer sentiment slid 6.1% to 82.9 in May, according to final results from the University of Michigan Survey of Consumers.
Personal Income Slid 13.1% in April
Washington, DC, May 28, 2021—Personal income decreased $3.21 trillion (13.1%) in April, according to estimates released by the Bureau of Economic Analysis.
Lomax Carpet & Tile (Airbase) Opens New Location in New Jersey
Mays Landing, NJ, May 28, 2021-Lomax Carpet & Tile Mart (Airbase), owned by Michael Longwill, opened a new flooring superstore in a former Toys ’R Us building in Mays Landing, New Jersey, reports Press of Atlantic City.
HMTX Plants Tree at Commencement of Headquarters Construction
Norwalk, CT, May 28, 2021—HMTX Industries held a tree raising event to commemorate the beginning of constructing its new world headquarters on May 25.
Stanton Acquires Cavan Carpets
Woodbury, NY, May 27, 2021-Stanton Carpet Corporation has acquired Cavan Carpets.
Q1 GDP Steady at 6.4% in Second Estimate
Washington, DC, May 27, 2021—Real gross domestic product (GDP) increased at an annual rate of 6.4% in Q1 2021, according to the second estimate released by the Bureau of Economic Analysis.
Mohawk Expanding Yarn Production at Alabama Facility
Roanoke, AL, May 27, 2021-Mohawk Industries is growing its Roanoke, Alabama manufacturing facility by expanding into yarn production, creating 130 jobs.