Construction Spending Dips in September
Washington, DC, Nov. 3, 2014 -- U.S. construction spending fell for a second consecutive month in September, according to the Commerce Department.
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.
Mannington Mills Announces Another $50-million LVT Expansion
Salem, NJ – October 30, 2014 – During a ribbon cutting to celebrate the opening of its expanded manufacturing facility in Madison, Ga., Mannington Mills announced plans for an additional $50-million expansion.
Mohawk Reports Higher Earnings, Sales in Quarter
Calhoun, GA, Oct. 31, 2014 -- Mohawk Industries reported third quarter net earnings of $151 million and earnings per share of $2.06.
Tarkett Acquires Carpet Maker Desso
Paris, France, Oct. 31, 2014 -- Tarkett has acquired Dutch carpet maker Desso from Bencis Capital Partners.
Consumer Sentiment Highest in Over Seven Years
Ann Arbor, MI, Oct. 31, 2014 -- U.S. consumer sentiment rose in October to its highest level in more than seven years, according to the Thomson Reuters/University of Michigan index.
Consumer Spending Declines in September
Washington, DC, Oct. 31, 2014 -- U.S. consumer spending fell in September for the first time in eight months, according to the Commerce Department.
Chicago PMI Highest in a Year
Chicago, IL, Oct. 31, 2014 -- The Chicago PMI rose to a one-year high in October.
Third Quarter GDP Grows 3.5%
Washington, DC, Oct. 30, 2014 -- Gross domestic product in the third quarter grew more than economists anticipated.
Bentley Wins Small Booth Award at NeoCon East
Los Angeles, CA, Oct. 30, 2014 -- Commercial carpet maker Bentley has been named IIDA/Contract Magazine Booth Design Awards Small Booth Winner at NeoCon East.
DRC Becomes Fuse Alliance Preferred Supplier
Aurora, CO, Oct. 30, 2014 -- Fuse Alliance, a member-owned organization of commercial flooring contractors, said that DRC Industries has joined the group as a Preferred Supplier.