Consumer Sentiment Slid 2.8% to 76.8 in February
Ann Arbor, MI, February 26, 2021—Consumer sentiment slid 2.8% to 76.8 in February, according to final results by 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.
Shaw to Close Residential Carpet Plant in Dalton, Georgia
Atlanta, GA, February 6, 2020-Shaw Industries will close a Dalton, Georgia carpet factory in May, reports the Atlanta Journal Constitution.
Multifamily Confidence Slid in Q4
Washington, DC, February 26, 2021—Confidence in the market for new multifamily housing declined in Q4 2020, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).
Parterre Forms Distribution Partnership with T&L Distributors
Mountville, PA, February 26, 2021-Parterre, a brand of AHF Products, is pleased to announce a new distribution partnership with T&L Distributors, part of E.J. Welch Company.
Armstrong to Sell California Property for $76 Million
Lancaster, PA, February 26, 2021-Armstrong Flooring has entered into a definitive agreement to sell its production facility, warehouse and real estate property located in South Gate, California to an affiliate of Overton Moore Properties
INSTALL Launches Online Downloadable Specifications Listing
Washington, D.C., February 26, 2021—INSTALL announces a new resource for specifiers. Designed to provide downloadable specifications for a wide range of applications, INSTALL is now offering a one-stop shop that allows users to insert trustworthy flooring specs into overall building specifications.
Personal Income & Spending Rose in January
Washington, DC, February 26, 2021—Personal income increased $1,954.7 billion (10.0%) in January, according to estimates released by the Bureau of Economic Analysis.
Consumer Spending Primes Economy for Growth, Says WSJ
New York, NY, February 26, 2021—U.S. household income jumped 10% in January as the government delivered stimulus payments to households, and consumer spending rose 2.4%, priming the economy for a burst in growth this year, reports the Wall Street Journal.
NeoCon Announces Pre-Show Virtual Programming
Chicago, IL, February 26, 2021—NeoCon is pleased to announce a topical new virtual programming series that builds off the show’s 2021 theme “Design Anew” and leads into the in-person event scheduled for October 4 to 6 at theMART in Chicago.
GDP Revised Up to 4.1% from 4.0% in Q4 2020
Washington, DC, February 25, 2021-Real gross domestic product (GDP) increased at an annual rate of 4.1% in Q4 2020, according to the second estimate released by the Bureau of Economic Analysis.