U.S. Employment Rose by 261K in Oct., Unemployment at 4.1%
Washington, DC, November 3, 2017—Total nonfarm payroll employment rose by 261,000 in October, and the unemployment rate edged down to 4.1%, 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.
Orders for Manufactured Goods Rose 1.4% in September
Washington, DC, November 3, 2017—New orders for manufactured goods in September, up three of the last four months, increased $6.5 billion or 1.4% to $478.5 billion, the U.S. Census Bureau reported.
Tarkett Names Steve Vosburgh VP of Commercial Resilient Sales
Solon, OH, November 3, 2017—Tarkett has announced the appointment of Steve Vosburgh as vice president of commercial resilient sales for Tarkett North America.
Builder Confidence in 55+ Market Falls but Still Positive in Q3
Washington, DC, November 3, 2017—Builder confidence in the single-family 55+ housing market continued to be positive in the third quarter of 2017, according to the National Association of Home Builders (NAHB) 55+ Housing Market Index (HMI).
Non-Manufacturing Index Bumps Up to 60.1% in September
Tempe, AZ, November 3, 2017—The Non-Manufacturing Index (NMI) registered 60.1%, which is 0.3 percentage point higher than the September reading of 59.8%, according to the latest Non-Manufacturing ISM Report On Business.
DOC Imposes Final Tariffs on CH Hardwood Plywood Importers
Washington, DC, November 3, 2017—The Department of Commerce has issued its final subsidy allegations against Chinese hardwood plywood producers and imposed countervailing duties of 22.7% to 194.62% on Chinese hardwood plywood imports, reports the Hardwood, Plywood & Veneer Association
Labor Productivity Jumps 3.0% in Q3
Washington, DC, November 2, 2017—Nonfarm business sector labor productivity increased 3.0% during the third quarter of 2017, the U.S. Bureau of Labor Statistics reported, as output increased 3.8% and hours worked increased 0.8%.
Private Sector Employment Grew by 235K Jobs in October
Roseland, NJ, November 2, 2017—Private sector employment increased by 235,000 jobs from September to October, according to the October ADP National Employment Report.
Novalis Secures Land to Build Second Manufacturing Facility
Toronto, ON, November 2, 2017—Novalis Innovative Flooring announced the completion of a landmark deal on October 18 with Zhenjiang City to purchase a 35–acre tract directly across from its existing manufacturing facility.
Ecore Hosts Mantec Operational Excellence Event
Lancaster, PA, November 2, 2017—On October 31, Ecore hosted a group of manufacturers from across the country for an educational event at its headquarters in Lancaster, Pennsylvania.