Job Openings Decreased to 9.9M in February
Washington, DC, April 4, 2023—The number of job openings decreased to 9.9 million on the last business day of February, the U.S. Bureau of Labor Statistics reported.
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.
Gerflor Acquires SnapLock Industries
Bolingbrook, IL, April 3, 2023—Gerflor, a designer and manufacturer of specialized flooring for sport, commercial and residential environments, has acquired SnapLock Industries, a developer and manufacturer in the modular surface category.
Beaulieu International Group Acquires Australia-Based Signature Floors
Waregem, Belgium, April 3, 2023—Beaulieu International Group (BIG) has signed an agreement with Australian B2B flooring wholesaler Signature Floors to acquire its complete range of activities.
Four Wood Companies Merge Under Horizon Forest Products Banner
Raleigh, NC, April 3, 2023-Four companies in the hardwood industry-Horizon Forest Products, Custom Wholesale Floors, Heritage Forest Products and Wood Pro-announced their merger into one company, Horizon Forest Products.
DMA Floors Joins Starnet
Columbus, OH, April 3, 2023—DMA Floors has joined Starnet.
Construction Spending Inched Down 0.1% in February
Washington, DC, April 3, 2023—Construction spending during February 2023 was estimated at a seasonally adjusted annual rate of $1,844.1 billion, 0.1% below the revised January estimate of $1,845.4 billion, according to the U.S. Census Bureau.
Saudi-Led Oil Producers to Decrease Output, Increasing Oil Prices
Washington, DC, April 3, 2023-"A group of large oil producers led by Saudi Arabia said Sunday they would cut more than a million barrels of output a day starting next month, a surprise move that upset Washington and led to a jump in crude prices amid concerns about the global economy,” reports the Wall Street Journal.
Alliance Flooring Names Tami Stahl VP of Marketing & Merchandising
Chattanooga, TN, April 3, 2023—Alliance Flooring (AFI) announces the addition of Tami Stahl as vice president of marketing and merchandising.
ISM Manufacturing Index Inched Down to 46.3% in March
Tempe, AZ, April 3, 2023—The March Manufacturing Purchasing Managers’ Index (PMI) registered 46.3%, 1.4 percentage points lower than the 47.7% recorded in February.
Personal Income Rose 0.3% in February, Spending Up 0.2%
Washington, DC, March 31, 2023-Personal income increased $72.9 billion (0.3%) in February, according to estimates released by the Bureau of Economic Analysis.