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.
Mountville, PA, September 1, 2022—AHF Products announced it will move manufacturing of select solid and engineered wood flooring products to its Beverly, West Virginia; Somerset, Kentucky; and Only, Tennessee facilities in the U.S and will be closing its factory in Titusville, Pennsylvania, where these products are currently made.
Washington, DC, September 1, 2022—Construction spending during July 2022 was estimated at a seasonally adjusted annual rate of $1,777.3 billion, 0.4% below the revised June estimate of $1,784.3 billion, according to the U.S. Census Bureau.
Washington, DC, September 1, 2022—In the week ending August 27, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 5,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, September 1, 2022—Nonfarm business sector labor productivity decreased 4.1% in Q2 2022, the U.S. Bureau of Labor Statistics reported, as output decreased 1.4% and hours worked increased 2.7%.
Washington, DC, September 1, 2022—The Vinyl Sustainability Council (VSC), a self-funded business council advancing sustainability in the vinyl industry, is raising the awareness of the council’s +Vantage Vinyl-verified companies by launching a collaboration with Ecomedes.
Louisville, KY, September 1, 2022-Louisville Tile Distributors has announced the appointment of Robbie Barajas as the firm’s new vice president of logistics.
Tempe, AZ, September 1, 2022—The August Manufacturing Purchasing Managers Index (PMI) registered 52.8%, the same reading as recorded in July, according to the Manufacturing ISM Report On Business. This figure indicates expansion in the overall economy for the 27th month in a row after contraction in April and May 2020.
Washington, DC, August 31, 2022—Mortgage applications decreased 3.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 26, 2022.
Roseland, NJ, August 31, 2022-Private sector employment increased by 132,000 jobs in August, and annual pay was up 7.6%, according to the August ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Laguna Niguel, CA, August 31, 2022-Jerry Kenney has joined Fuse Alliance, a member-owned organization of commercial flooring contractors, in the newly created role of executive vice president, effective immediately.