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.

The Fed May Be Shifting Approach on Interest Rate Hikes

The Fed May Be Shifting Approach on Interest Rate Hikes

Washington, DC, September 11, 2023—"For more than a year, Federal Reserve policy makers were unanimous that they would rather raise interest rates too much than too little—that is how serious they considered the threat of persistently high inflation,” reports the Wall Street Journal.

Mannington Makes Donation to Madison-Morgan County Boys & Girls Club

Mannington Makes Donation to Madison-Morgan County Boys & Girls Club

Dalton, GA, September 11, 2023—As part of Mannington Mills’ ongoing support of communities in which it’s located, it recently presented the Madison-Morgan County (Georgia) Boys & Girls Club with a donation of $50,000 for its new building capital campaign, plus Mannington Commercial LVT and carpet for its new space.

Dodge Momentum Index Declined 6.5% in August

Dodge Momentum Index Declined 6.5% in August

Hamilton, NJ, September 8, 2023—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 6.5% in August to 178.0 (2000=100) from the revised July reading of 190.3.

Torlys Names Chris Schneider Executive Director

Torlys Names Chris Schneider Executive Director

Toronto, ON, September 7, 2023—Torlys, a global flooring company, announced that Chris Schneider has joined the team as executive director, as part of Torlys’ continued investment in its business development goals.

Labor Productivity Rose 3.5% in Q2

Labor Productivity Rose 3.5% in Q2

Washington, DC, September 7, 2023—Nonfarm business sector labor productivity increased 3.5% in Q2 2023, the U.S. Bureau of Labor Statistics reported, reflecting a 0.2-percentage point downward revision from the preliminary estimate.

BDNY Slated for November 12 and 13

BDNY Slated for November 12 and 13

New York, NY, September 7, 2023—Boutique Design New York (BDNY), a trade fair and conference for hospitality’s boutique and lifestyle design community, returns to the Javits Center on November 12 and 13.