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.
Washington, DC, April 2, 2019-One in six Gen Xers purchased a multi-generational home, overtaking younger boomers as the generation most likely to do so; with 52% of those Gen X buyers indicating that they did so because their adult children have either moved back or never left home.
Washington, DC, April 2, 2019—New orders for manufactured durable goods in February decreased $4.2 billion or 1.6% to $250.6 billion, the U.S. Census Bureau announced.
High Point, NC, April 2, 2019-A milestone multi-million-dollar investment by AkzoNobel is set to transform its wood coatings facility in High Point, North Carolina, into a best-in-class manufacturing site.
Brampton, ON, April 2, 2019—Gesco ULC has announced the appointments of Ed duDomaine as chairman of the board, Paul Green as president and chief revenue officer and Doug Wilcox as president and chief operating officer.
Washington, DC, April 1, 2019-Construction spending during February 2019 was estimated at a seasonally adjusted annual rate of $1,320.3 billion, 1.0% above the revised January estimate of $1,307.3 billion, according to the U.S. Census Bureau.
Washington, DC, April 1, 2019-Advance estimates of U.S. retail and food services sales for February 2019 were $506.0 billion, a decrease of 0.2% from the previous month but 2.2% above February 2018, according to the U.S. Census Bureau.
New York, NY, April 1, 2019-The spring home-buying season is shaping up as the best in years, offering new opportunities after last year’s tough housing market drove away many would-be buyers, according to Wall Street Journal article “A Buyer’s Market? Hopes Rise With Falling Rates, More Homes for Sale” by Laura Kusisto.
Tempe, AZ, April 1, 2019—The March Purchasing Managers Index (PMI) registered 55.3%, an increase of 1.1 percentage points from the February reading of 54.2%, according to the nation’s supply executives in the latest Manufacturing ISM Report On Business.
St. Louis, MO, April 1, 2019—National Wood Flooring Association (NWFA) chairman, Chris Zizza, represented the NWFA with a presentation on wood flooring trends at the fifth World Flooring Forum (WFF) and the 22nd China Flooring Industry Summit Forum.
Dalton, GA, March 29, 2019-Shaw Industries Group, Inc. has sold its solid hardwood flooring manufacturing facilities to Beasley Flooring Products, Inc.