NFIB Small Business Optimism Index Rose 2.2 Points in October
Washington, DC, November 12, 2024—The NFIB Small Business Optimism Index rose by 2.2 points in October to 93.7.
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.
Unilin Receives Patent for PET Polymers with Locking System
Waregem, Belgium, November 12, 2024-Unilin Technologies, the intellectual property division of Unilin, has received a notice of allowance for a new patent, US 18/450,106.
All-Female Certified Tile Installer Test to Be Held in March in Florida
Jackson, MS, November 12, 2024-Carpet & Tile Warehouse, in collaboration with Women in Tile, the Ceramic Tile Education Foundation (CTEF), and the National Tile Contractors Association (NTCA), is hosting an all-female Certified Tile Installer (CTI) test.
Star Lumber Acquires Apex Lumber Company
Oklahoma City, OK, November 11, 2024-Star Lumber has acquired Apex Lumber Company, reports LBM Journal.
Tile Shop Sales Down 8.3% in Q3, Income Down 97.7%
Minneapolis, MN, November 11, 2024—The Tile Shop reported Q3 sales of $8.5 million, an 8.3% decline compared to $9.2 million in the same period last year. Comparable sales declined 7.9% in Q3.
Geff Lynch Named CEO of Merit Distribution Group
Spartanburg, SC, November 11, 2024—The Merit Distribution Group announced the promotion of its current president, Geff Lynch, to CEO, reports Hardware Retailer.
Dodge Momentum Index Registered 5.3% Decrease in October
Bedford, MA, November 11, 2024-The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 5.3% in October to 197.2 (2000=100) from the revised September reading of 208.2.
Mohawk Forms Partnership with Cyncly
Calhoun, GA, November 11, 2024—Mohawk is boosting its digital marketing offerings by teaming up with Cyncly as an additional provider for Edge Omnify Websites.
Fed Cuts Interests Rates by Another Quarter Point
New York, NY, November 8, 2024—"The Federal Reserve cut interest rates by a quarter percentage point, avoiding any surprises just days after Donald Trump was elected president” reports Yahoo Finance.
Consumer Sentiment Rose 3.5% in Early November
Ann Arbor, MI, November 8, 2024—Consumer sentiment rose 3.5% to 73.0 in early November, according to preliminary results from the University of Michigan Survey of Consumers.