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.

CARE Names 2019 People of the Year & Recycler of the Year

CARE Names 2019 People of the Year & Recycler of the Year

Houston, TX, May 2, 2019-Carpet America Recovery Effort (CARE), the non-profit organization charged with advancing market-based solutions for carpet recycling and landfill diversion of post-consumer carpet, has named its Person of the Year and Recycler of the Year for 2018.

Builder Confidence in 55+ Housing Hit Record High in Q1

Builder Confidence in 55+ Housing Hit Record High in Q1

Washington, DC, May 2, 2019—Builder confidence in the single-family 55+ housing market continued to strengthen in the first quarter of 2019 with a reading of 72, up six points from the previous quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI).

Labor Productivity Increased by 3.6% in Q1

Labor Productivity Increased by 3.6% in Q1

Washington, DC, May 2, 2019—Nonfarm business sector labor productivity increased 3.6% in the first quarter of 2019, the U.S. Bureau of Labor Statistics reported, as output increased 4.1% and hours worked increased 0.5%.

Orders for Manufactured Goods Rose 1.9% in March

Orders for Manufactured Goods Rose 1.9% in March

Washington, DC, May 2, 2019—New orders for manufactured goods in March, up following two consecutive monthly decreases, increased $9.3 billion or 1.9% to $508.2 billion, the U.S. Census Bureau reported.

Construction Spending Down 0.9% in March

Construction Spending Down 0.9% in March

Washington, DC, May 1, 2019—Construction spending during March 2019 was estimated at a seasonally adjusted annual rate of $1,282.2 billion, 0.9% below the revised February estimate of $1,293.3 billion, according to the U.S. Census Bureau.

Home Depot CFO Carol Tomé to Retire, Successor Named

Home Depot CFO Carol Tomé to Retire, Successor Named

Atlanta, GA, May 1, 2019-The Home Depot has announced that Carol Tomé, chief financial officer and executive vice president of corporate services, has decided to retire on August 31 after 24 years of service to the company.