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.

Commercial Furniture Industry Group Unites Against Tariffs

Commercial Furniture Industry Group Unites Against Tariffs

Grand Rapids, MI, August 20, 2018—BIFMA, representing 165 business and institutional furniture manufacturers, and material/component part suppliers across the United States, submitted comments to the Office of United States Trade Representative in opposition to the administration’s proposed 25% tariff on China sourced furniture and components/parts.

E-commerce Sales Rose 3.9% in Q2

E-commerce Sales Rose 3.9% in Q2

Washington, DC, August 17, 2018- The estimate of U.S. retail e-commerce sales for the second quarter of 2018 was $127.3 billion, an increase of 3.9% from the first quarter of 2018, according to the U.S. Census Bureau.

Consumer Sentiment Fell 2.7% in Early August

Consumer Sentiment Fell 2.7% in Early August

Ann Arbor, MI, August 17, 2018-Consumer sentiment fell to 95.3 in early August, a 2.7% decline from July’s 97.9 rate, according to preliminary results from the University of Michigan.

Housing Starts Rose 0.9% in July

Housing Starts Rose 0.9% in July

Washington, DC, August 16, 2018-Privately owned housing starts in July were at a seasonally adjusted annual rate of 1,168,000, according to the U.S. Census Bureau.

Labor Productivity Rose 2.9% in Q2

Labor Productivity Rose 2.9% in Q2

Washington, DC, August 15, 2018—Nonfarm business sector labor productivity increased 2.9% during the second quarter of 2018, the U.S. Bureau of Labor Statistics reported, as output increased 4.8% and hours worked increased 1.9%.