Consumer Sentiment Rose 3.1% in Early November
Ann Arbor, MI, December 6, 2024—Consumer sentiment rose 3.1% to 74.0 from 71.8 in early November, according to preliminary results from the University of Michigan Survey of Consumers.
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.
Employment Rose by 227,000 in November
Washington, DC, December 6, 2024—Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported.
Pantone Names Mocha Mousse the 2025 Color of the Year
Carlstadt, NJ, December 6, 2024—Pantone has named Mocha Mousse the 2025 color of the year.
Construction Industry Added 10,000 Jobs in November
Washington, DC, December 6, 2024—The construction industry added 10,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 211,000 jobs, an increase of 2.6%.
Cyncly Acquires Broadlume
London, UK, December 5, 2024-Cyncly, a global provider of software and content solutions, has agreed to purchase Broadlume, a provider of digital marketing, visualization and business management software focused on the flooring business.
Fishman Acquires WJ Grosvenor
Baltimore, MD, December 5, 2024—L. Fishman & Son, the holding company owning Fishman Flooring Solutions, a distributor of flooring and flooring installation supplies, has purchased WJ Grosvenor, a distributor of flooring supplies, tools, and accessories in the Northeast U.S.
Trade Deficit Narrowed by $10 Billion in October
Washington, DC, December 5, 2024— The goods and services deficit was $73.8 billion in October, down $10.0 billion from $83.8 billion in September, revised, according to the Bureau of Economic Analysis.
Initial Jobless Claims Rose by 9,000 in Week Ending November 30
Washington, DC, December 5, 2024—In the week ending November 30, the advance figure for seasonally adjusted initial claims was 224,000, an increase of 9,000 from the previous week's revised level, according to the Department of Labor.
Construction Job Openings Down 164,000 YOY in October
Washington, DC, December 4, 2024—The construction industry had 249,000 job openings on the last day of October, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Centricity & FEI Group Form Partnership
St. Petersburg, FL, December 4, 2024-Centricity, a provider of protection coverage for home purchases, has partnered with FEI Group, a member-driven organization in the flooring and home finishes industry, to roll out Nationwide Marketing Group’s EPIC Protect program.