Producer Prices Rose 0.6% in July
Washington, DC, August 11, 2020—The Producer Price Index for final demand increased 0.6% in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
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.
Small Business Optimism Down a Hair in July
Washington, DC, August 11, 2020-NFIB’s Small Business Optimism Index fell 1.8 points to 98.8 in July, near the survey’s historical average. Overall, four of the ten Index components improved, five declined, and one was unchanged.
Couristan Won't Open its Showroom for Las Vegas Market
Fort Lee, NJ, August 11, 2020-Couristan has announced that it will not be participating in the upcoming Las Vegas Market, scheduled for August 30 to September 3.
Coverings Connected to Return with New Events
Arlington, VA, August 11, 2020-Coverings has announced the return and expansion of its offered digital experience, Coverings Connected.
Hadinger Flooring Announces Three Executive Promotions
Naples, FL, August 10, 2020—Hadinger Flooring has announced three executive promotions.
Job Openings Rose to 5.9 Million in June
Washington, DC, August 10, 2020-The number of job openings increased to 5.9 million on the last business day of June, the U.S. Bureau of Labor Statistics reported.
Mohawk Group Adds Additional Dates for Resourceful CEU Series
Calhoun, GA, August 7, 2020-Mohawk Group announced the addition of three new dates as part of the second half of its successful Resourceful CEU series, which returns August 19.
Tarkett Forms Partnership with Material Bank
Solon, OH, August 10, 2020-Tarkett has formed a new partnership with Material Bank.
Alliance Flooring Wraps Up Virtual Buying & Networking Event
Chattanooga, TN, August 10, 2020-Alliance Flooring’s first ever virtual buying and networking event is now complete.
Mohawk Reports Net Loss of $48 Million for Q2, Sales Down 21%
Calhoun, GA, August 7, 2020-Mohawk announced a Q2 2020 net loss of $48 million, compared to earnings of $202 million in Q2 2019. Net sales for Q2 2020 were $2.0 billion, a 21% decline YOY, compared to net sales of $2.6 billion in Q2 2019.