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.

Three Shaw Employees Recognized with STEP Ahead Awards

Three Shaw Employees Recognized with STEP Ahead Awards

Dalton, GA, March 1, 2018—The Manufacturing Institute will award three Shaw employees with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award: Lisa Buice, commercial human resources director; Annie Cowart, client contact center director; and Brooklyn Lynam, process engineer.

Personal Income Rose 0.4% in January

Personal Income Rose 0.4% in January

Washington, DC, March 1, 2018—Personal income increased $64.7 billion (0.4%) in January, according to estimates released by the Bureau of Economic Analysis.

PMI Expanded in February

PMI Expanded in February

Tempe, AZ, March 1, 2018—The February Purchasing Manager’s Index (PMI) registered 60.8%, an increase of 1.7 percentage points from the January reading of 59.1%, according to the latest Manufacturing ISM Report On Business.

Q4 2017 GDP Estimate Revised from 2.6% to 2.5%

Q4 2017 GDP Estimate Revised from 2.6% to 2.5%

Washington, DC, February 28, 2018—Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, according to the second estimate released by the Bureau of Economic Analysis.

Pending Home Sales Hit Three-Year Low in January

Pending Home Sales Hit Three-Year Low in January

Washington, DC, February 28, 2018—The Pending Home Sales Index fell 4.7% to 104.6 in January from a downwardly revised 109.8 in December 2017, according to the National Association of Realtors. After last month’s retreat, the index is now 3.8% below a year ago and at its lowest level since October 2014 (104.1).