UK's 2020 National Flooring Innovation Award Winners Announced
Catton, Thirsk, UK, December 1, 2020-Winners of the United Kingdom’s 2020 National Flooring Innovation Awards have been announced.
Today's Flooring News
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Arropol Launching Hand Sanitizer Initiative to Support FCEF
Dalton, GA, November 30, 2020-Arropure, a new hand sanitizer brand made by Arropol Chemicals of Dalton, Georgia, has launched a “Helping Hand” initiative in support of the floorcovering industry.
November Pending Home Sales Slid 1.1% from Oct., but Rose 20.2% YOY
Washington, DC, November 30, 2020-The Pending Home Sales Index (PHSI) fell 1.1% to 128.9 in October, the second straight month of decline, according to the National Association of Realtors. Year-over-year, contract signings rose 20.2%.
Salone del Mobile.Milano Postponed from April to September
Milan, IT, November 30, 2020—The sixtieth edition of the Salone del Mobile.Milano 2021 will be held from September 5 to 10, not in April as is traditional.
Congoleum Exits Voluntary Reorganization Proceedings
Trenton, NJ, November 24, 2020— Congoleum has announced that it has successfully completed its restructuring process as a privately held company.
New Home Sales Up 41.5% YOY in October
Washington, DC, November 25, 2020-Sales of new single-family houses in October 2020 were at a seasonally adjusted annual rate of 999,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Q3 GDP Second Estimate Up 33.1%, Same as First Estimate
Washington, DC, November 25, 2020-Real gross domestic product (GDP) increased at an annual rate of 33.1% in the third quarter of 2020, according to the second estimate released by the Bureau of Economic Analysis.
Consumer Sentiment Declined 6.0% to 76.9 in November
Ann Arbor, MI, November 25, 2020—Consumer sentiment declined 6.0% to 76.9 in November, according to final results from the University of Michigan Survey of Consumers.
Personal Income Declined While Spending Rose in October
Washington, DC, November 25, 2020—Personal income decreased $130.1 billion (0.7%) in October, according to estimates released by the Bureau of Economic Analysis.
Durable Goods Orders Rose 1.3% in October
Washington, DC, November 25, 2020—New orders for manufactured durable goods in October increased $3.0 billion or 1.3% to $240.8 billion, the U.S. Census Bureau announced.