Tile of Spain's 15th Awards Competition Now Open
Miami, FL, August 1, 2016—Tile of Spain announces an open call for the 15th Tile of Spain Awards competition.
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.
GDP Grew at 1.2% in Q2, According to Advance Estimate
Washington, DC, July 29, 2016--Real gross domestic product increased at an annual rate of 1.2% in the second quarter of 2016, according to the advance estimate released by the Bureau of Economic Analysis.
J+J Promotes Josh Hall to VP Manufacturing
Dalton, GA, July 29, 2016—J+J Flooring Group has announced that it has promoted Josh Hall to vice president—manufacturing.
For Q2 Interface Global Reports Flat Earnings on 5.9% Decrease in Sales
La Grange, GA, July 28, 2016—Interface Global reported sales of $248.2 million, or $0.32 per share, in Q2 2016, versus $263.6 million, or $0.33 per share, in Q2 2015, a 5.9% decrease in net sales.
D.R. Horton Launches Line of Affordable Homes for "Active Adults"
Fort Worth, TX, July 28, 2016—Seeing that entry-level houses geared toward first-time homebuyers have become popular with retirees, D.R. Horton announced that it is establishing a new brand for “active adults," reports the Star Telegram.
EPA Issues Formaldehyde Ruling in Line with CARB Guidelines
Washington, DC, July 28, 2016—The U.S. Environmental Protection Agency (EPA) has moved to reduce exposure to formaldehyde vapors from certain wood products produced domestically or imported into the United States.
Lumber Liquidator's Net Sales Fell 4% in Q2
Toano, VA, July 27, 2016—Lumber Liquidators reported net sales for Q2 2016 of $238.1 million, a decrease of 4.0% from the Q2 2015’s $248 million.
Durable Goods Orders Fall for Second Consecutive Month
Washington, DC, July 26, 2016— New orders for manufactured durable goods in June decreased $9.3 billion or 4.0% to $219.8 billion, the U.S. Census Bureau has announced.
In Q2, Dixie Group Earnings Improved on Declining Sales
Dalton, GA, July 27, 2016—The Dixie Group, Inc. reported Q2 2016 net sales of $105,316,000, 4.2% below second quarter of 2015 sales of $109,957,000.
Pending Home Sales Index Increased by 0.2% in June
Washington, DC, July 27, 2016—The Pending Home Sales Index inched up 0.2% to 111.0 in June from 110.8 in May and is now 1.0% higher than June 2015 (109.9), according to the National Association of Realtors.