MSI Opens New Showroom in Indianapolis
Orange, CA, December 16, 2019—MSI launched a new showroom and distribution center in Indianapolis, Indiana with a full offering of its flooring, countertop, decorative mosaic, wall tile, and hardscape products.
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.
Builder Confidence Closes 2019 at 20-Year High
Washington, DC, December 16, 2019-Builder confidence in the market for newly-built single-family homes increased five points to 76 in December off an upwardly revised November reading, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Sunil Palakodati to Depart Select Interior Concepts
Atlanta, GA, December 16, 2019—Select Interior Concepts has announced that Sunil Palakodati, president of the Architectural Surfaces Group segment, will resign to pursue other interests, effective January 31, 2020.
HMTX to Exhibit at Domotex Germany for First Time
Norwalk, CT, December 16, 2019 – HMTX Industries will showcase its family of companies at Domotex 2020, held January 10 to 16, 2020 at Domotex Germany.
Nov. Food & Retail Sales Inched Up from Oct., But Rose 3.3% YOY
Washington, DC, December 13, 2019—Advance estimates of U.S. retail and food services sales for November 2019 were $528.0 billion, an increase of 0.2% from the previous month and 3.3% above November 2018, according to the U.S. Census Bureau.
WFCA Forms Education Fdn., Donates $1M to Fight Installation Shortage
Chattanooga, TN, December 13, 2019--At a press conference yesterday, the World Floor Covering Association (WFCA) announced the first ever industry-wide initiative, “We are Part of the Solution,” to impact the installation shortage, forming an education foundation, donating $1 million to jumpstart the effort, and extending free membership to all independent floorcovering dealers.
Import Prices Rose 0.2% in November
Washington, DC, December 13, 2019—U.S. import prices rose 0.2% in November, the U.S. Bureau of Labor Statistics reported, following a 0.5% decrease in October.
Distrib. Trade Sales & Manu. Shipments Slipped 0.1% in October
Washington, DC, December 13, 2019-The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,456.0 billion, down 0.1% from September 2019 and was down 0.1% from October 2018, according to the U.S. Census Bureau.
Producer Prices Flat in November
Washington, DC, December 12, 2019-- The Producer Price Index for final demand was unchanged in November, the U.S. Bureau of Labor Statistics reported.
MSI Announces Joint Venture for Quartz Slab Production Facility
Orange, CA, December 12, 2019—MSI has announced the establishment of a joint venture with Spectrum Quartz to create the leading quartz slab manufacturing production facility in the United States.