Engineered Floors Announces Price Increase
Dalton, GA, April 17, 2017—Engineered Floors has announced a price increase on its Dream Weaver, Dwellings and Engineered Floors carpet brands due to raw material increases.
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.
Builder Confidence Falls But Remains Positive in April
Washington, DC, April 17, 2017—Builder confidence in the market for newly-built single-family homes remained solid in April, falling three points to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after an unusually high March reading.
Consumer Sentiment Rose 1.1% to 98.0 in Early April
Ann Arbor, MI, April 17, 2017—Consumer sentiment rose 1.1% to 98.0 in April from March’s 96.9, according to preliminary results from the University of Michigan Survey of Consumers.
Retail Sales Fell by 0.2% in March, Up 5.2% YOY
Washington, DC, April 17, 2017—Advance estimates of U.S. retail and food services sales for March 2017 were $470.8 billion, a decrease of 0.2% from the previous month, and 5.2% above March 2016, according to the U.S. Census Bureau.
Consumer Prices Fell 0.3% in March
Washington, DC, April 17, 2017—The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.3% in March on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.
Distrib. Trade Sales & Manufacturers' Shipments Up 0.2% in Feb.
Washington, DC, April 17, 2017—The combined value of distributive trade sales and manufacturers’ shipments for February was estimated at $1,360.7 billion, up 0.2% from January 2017 and was up 7.1% from February 2016, according to the Commerce Department.
Martin Howard Named NTCA 2016 Tile Person of the Year
Flowood, MS, April 17, 2017—The National Tile Contractors Association's (NTCA) presented Martin Howard of the David Allen Company in Raleigh, North Carolina with the 2016 Tile Person of the Year award.
Carpet Price Increases Announced for Late May
Dalton, GA, April 13, 2017—Mohawk and Shaw have issued price increases. Mohawk’s increase impacts residential and commercial broadloom and modular carpet, while Shaw’s affects residential and commercial broadloom as well as sheet vinyl. Both take effect May 26.
CFO Jay Thompson Leaving Armstrong, Boscan Named Interim CFO
Lancaster, PA, April 13, 2017—Armstrong Flooring has announced that John “Jay” W. Thompson, chief financial officer (CFO), is leaving the company effective May 8, 2017, for a position as CFO for a private equity-backed company in the consumer packaged goods industry.
IIDA Names Winners of Star & Titan Awards
Chicago, IL, April 13, 2017—The International Interior Design Association (IIDA) announces David B. Mourning, FIIDA, AIA, architect and founder of IA Interior Architects, as the recipient of the 2017 IIDA Star Award and Mac Stopa as the recipient of the 2017 IIDA Titan Award.