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.

Q2 GDP Rose 2.6%, According to Advance Estimate

Q2 GDP Rose 2.6%, According to Advance Estimate

Washington, DC, July 31, 2017—Real gross domestic product increased at an annual rate of 2.6% in the second quarter of 2017, according to the advance estimate released by the Bureau of Economic Analysis.

Pending Home Sales Rose 1.5% in June

Pending Home Sales Rose 1.5% in June

Washington, DC, July 31, 2017—The Pending Home Sales Index climbed 1.5% to 110.2 in June from an upwardly revised 108.6 in May, according to the National Association of Realtors.

Durable Goods Orders Rose 6.5% in June

Durable Goods Orders Rose 6.5% in June

Washington, DC, July 31, 2017— New orders for manufactured durable goods in June increased $14.9 billion or 6.5% to $245.6 billion, the U.S. Census Bureau announced.

Consumer Sentiment Fell 1.8% in July

Consumer Sentiment Fell 1.8% in July

Ann Arbor, MI, July 31, 2017—Consumer sentiment fell 1.8% in July to 93.4, according to the final results from the Survey of Consumers by the University of Michigan.

VersaShield Brand Changing to Kovara in Early 2018

VersaShield Brand Changing to Kovara in Early 2018

Cambridge, MA, July 31, 2017—With the acquisition of VersaShield in 2016, GCP Applied Technology is focused on creating a complete portfolio of flooring products for moisture mitigation. This portfolio of products will be sold under the Kovara brand name.

NAFCD Announces Partnership with JAST Media

NAFCD Announces Partnership with JAST Media

Chicago, IL, July 31, 2017—The North American Association of Floor Covering Distributors (NAFCD) is pleased to announce a new partnership with JAST Media, a leading Portland-based digital marketing agency that specializes in online strategy for distributors and manufacturers.

Construction Rose in 41 States YOY in June

Construction Rose in 41 States YOY in June

Arlington, VA, July 31, 2017—Forty-one states added construction jobs between June 2016 and June 2017 amid continuing widespread demand for construction services, while 25 states and the District of Columbia added construction jobs between May and June, according to an analysis by the Associated General Contractors of America of Labor Department data.