Consumer Sentiment Closes October Up 15.5% YOY
Ann Arbor, MI, October 27, 2017—Consumer sentiment rose to 100.7 in October over September’s 95.1, according to final results from the University of Michigan.
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.
Third Quarter GDP Rose at 3.0% Rate
Washington, DC, October 27, 2017-- Real gross domestic product (GDP) increased at an annual rate of 3.0% in the third quarter of 2017, according to the "advance" estimate released by the Bureau of Economic Analysis.
Mohawk Increased Sales & Earnings In Q3
Calhoun, GA, October 27, 2017—Mohawk reported Q3 2017 net earnings of $270 million, compared to net earnings of $269.9 million in Q3 2016.
Dodge Melkonian of New York Carpet World Has Died
Clearwater, FL, October 27, 2017—Dodge Melkonian, 93, formerly of New York Carpet World, died on October 8.
My Flooring America Sends 6 Trucks of Flooring to Harvey Victims
Houston, TX, October 26th —Donating nearly $350,000 in carpet and flooring, My Flooring America has distributed six commercial size truckloads of carpet and hard surface flooring to Builders Without Borders of Texas for the community since the Hurricane Harvey hit the area.
Gilford Johnson Has Purchased Mastercraft Flooring Distributors
Jeffersonville, IN and Miami, FL, October 26, 2017—Gilford Johnson Flooring announced today that it has purchased Mastercraft Flooring Distributors, one of South Florida’s leading floorcovering distributors and a long-time fixture in the industry.
Interface Grew Sales by 3.7% YOY in Q3
Atlanta, GA, October 26, 2017—Interface reported net sales were $257.4 million, up 3.7% over Q3 2016’s sales of $248.3 million, on a GAAP basis, with all regions showing improvement during the third quarter.
Pending Home Sales Flat in September
Washington, DC, October 26, 2017—The Pending Home Sales Index was at 106.0 in September (unchanged from a downwardly revised August figure), according to the National Association of Realtors.
Tarkett Sponsoring LearningScapes Event
Solon, OH, October 26, 2017—Tarkett North America is supporting and participating in the Association for Learning Environments’ (A4LE) LearningScapes 2017, to be held October 26 to 29 in Atlanta, Georgia.
Laticrete Recognized in 2017 Family Business Awards
Bethany, CO, October 26, 2017—Laticrete has been honored by Hartford Business Journal at its 2017 Family Business Awards, which recognize outstanding achievements in family-owned businesses across the Northeastern region.