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.
New York, NY, January 5, 2021—"The U.S. auto industry is expected to report its lowest yearly sales tally in nearly a decade Tuesday, as the fallout from the Covid-19 crisis in 2020 upended a record run for the American auto sector,” reports the Wall Street Journal.
Farmingdale, NY, January 4, 2021—ACF Distributors and All Floor Supply announce the acquisition of Gardner Industries, a full-service wholesale flooring distributor in the New York/New Jersey market.
Washington, DC, January 4, 2020—Construction spending during November 2020 was estimated at a seasonally adjusted annual rate of $1,459.4 billion, 0.9% above the revised October estimate of $1,446.9 billion, according to the U.S. Census Bureau.
Port Clinton, OH, January 4, 2021-Barrington Carpet & Flooring Design has acquired Young’s Carpet One Floor & Home of Port Clinton, Ohio.
New York, NY, January 4, 2021—"A logjam in the global shipping industry is testing the resilience of China’s exporters, who have driven the country’s economic recovery by churning out goods to meet surging global demand during the Covid-19 pandemic,” reports the Wall Street Journal.
Tempe, AZ, January 4, 2021—The November Manufacturing Purchasing Managers’ Index (PMI) registered 57.5%, down 1.8 percentage points from the October reading of 59.3%, according to the Manufacturing ISM Report On Business.
Washington, D.C., December 4, 2021--In the second half of 2020, INSTALL welcomed one new INSTALL Warranty Contractor (IWC) and four new Alliance Partners (AP):
Washington, DC, December 23, 2020-Sales of new single-family houses in November 2020 were at a seasonally adjusted annual rate of 841,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Ann Arbor, MI, December 23, 2020—Consumer sentiment rose 4.9% to 80.7 in December, according to final results from the University of Michigan Survey of Consumers.
Washington, DC, December 23, 2020—New orders for manufactured durable goods in November increased $2.2 billion or 0.9% to $244.2 billion, the U.S. Census Bureau announced.