Factory Orders up 1.1% in March
Washington, DC, May 4, 2016—New orders for manufactured goods in March, up two of the last three months, increased $5.0 billion or 1.1% to $458.4 billion, the U.S. Census Bureau reported.
Today's Flooring News
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Labor Productivity Shrank by 1.0% in Q1
Washington, DC, May 4, 2016—Nonfarm business sector labor productivity decreased at a 1.0% annual rate during the first quarter of 2016, the U.S. Bureau of Labor Statistics reported, as output increased 0.4% and hours worked increased 1.5%.
April Auto Sales Beat Record Set in 2005
Washington, DC, May 4, 2016—U.S. new car and light-truck sales reached 1.5 million in April, a 3.6% increase from a year earlier, according to data provider Autodata Corp.
ISM Non-Manufacturing Index Rose to 55.7% in April
Tempe, AZ, May 4, 2016—The Non-Manufacturing ISM Report On Business registered 55.7% in April, 1.2 percentage points higher than the March reading of 54.5%.
Details of FloorTek 2016 Announced
Dalton, GA, May 4, 2016—FloorTek 2016 is set to take place October 18 to 20 in Dalton, Georgia.
Oriental Weavers Announces Capital Investments in Dalton, GA Facility
Dalton, GA, May 3, 2016—Oriental Weavers announces significant capital investments in its Dalton, Georgia manufacturing facility.
Mannington Initiating Price Increase on Engineered Wood Products
Salem, NJ, May 3, 2016—Mannington Mills, Inc. announced that it will be implementing a price increase of up to 5% to 7% on selected engineered wood flooring products effective with shipments on July 1.
Greenville Colorants Will Acquire Permanent Site in Dalton, Georgia
Dalton, GA, May 3, 2016—Global Textile Division of Greenville Colorants has announced that Greenville has acquired a permanent site in Dalton, Georgia to support the carpet and rug colorant business.
March Construction Spending Rose on Strong Private-Sector Demand
Arlington, VA, May 3, 2016—Construction spending increased by 8% in March compared to a year earlier, as the spending total hit the highest level since October 2007, according to an analysis by the Associated General Contractors of America.
Beaulieu America Announces Restructuring of Operations
Dalton, GA, May 2, 2016—Beaulieu America has announced that it is restructuring several of its operations and corporate functions, which will result in position eliminations of approximately 6% to 8% of Beaulieu America’s workforce.