Factory Orders Down for Second Consecutive Month
Washington, DC, November 3, 2015— Orders to U.S. factories fell 1% in September, according to the Commerce Department. This marks the second consecutive month of decline; in August, orders fell 2.1%.
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.
CAP Releases Report on Uneven Housing Recovery
Washington, DC, November 3, 2015—Eight years after home prices collapsed in 2007, about 7.5 million American homeowners are still underwater, according to Center for American Progress’ report The Uneven Housing Recovery.
FloorFolio Expanding Presence in MD, VA and DC
Edison, NJ, November 3, 2015—In an effort to meet increased demand, FloorFolio Industries is expanding its presence in Maryland, Virginia, and Washington, D.C.
Shannon Specialty Floors Partnering with Spartan Surfaces
Milwaukee, WI, November 3, 2015—Shannon Specialty Floors, Inc. has announced a new agent partnership with Spartan Surfaces.
Nydree's Hardwoof Named to This Old House Top 100 List
Forest, VA, November 3, 2015—Nydree Flooring’s Hardwoof has been named to the This Old House Top 100 list, which compiles the best new home products of the year.
September Construction Spending Up 0.6% over August, 14.1% YOY
Washington, DC, November 2, 2015—Construction spending during September 2015 was estimated at a seasonally adjusted annual rate of $1,094.2 billion, 0.6% above the revised August estimate of $1,087.5 billion, according to the U.S. Census Bureau.
Manufacturing Down Slightly in October, but Still Expanding
Tempe, AZ, November 2, 2015—The October PMI registered 50.1%, a decrease of 0.1 percentage point from the September reading of 50.2%, according to the Manufacturing ISM Report On Business.
Novalis Launches First Branded Commercial LVF Line
Toronto, ON, November 2, 2015—Novalis Innovative Flooring launched its new commercially specified luxury vinyl flooring line branded AVA at NeoCon East.
IICRC Announces 2015-2016 Board of Directors
Las Vegas, NV, November 2, 2015—The Institute of Inspection, Cleaning and Restoration Certification has announced the election of five members to the 2015-2016 board of directors.
John Cox of Cox Tile Awarded NTCA Ring of Honor
Savannah, GA, November 2, 2015—John Cox, founder/president of Cox Tile, Inc. of San Antonio, Texas, was presented the National Tile Contractors Association (NTCA) 2015 Ring of Honor Award this past week.