| | | Aug 01, 2019 / The Right News Right When It Happens | | Top Story | | | | Federal Reserve Cuts Rates for the First Time Since 2008 | | Washington, DC, August 1, 2019—The Federal Reserve released the following statement about its decision to cut rates by 0.25% for the first time since 2008, | | |
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| | Today's Flooring News | | | | Construction Spending Down 1.3% in June | | Washington, DC, August 1, 2019—Construction spending during June 2019 was estimated at a seasonally adjusted annual rate of $1,287.0 billion, 1.3% below the revised May estimate of $1,303.4 billion, according to the U.S. Census Bureau. | | |
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| | | | Shaw Releases 2018 Sustainability Report | | Dalton, GA, August 1, 2019—Shaw has released its 2018 sustainability report. The report emphasizes the companyÂs efforts to sustain[HUMAN]ability, an endeavor to put people at the heart of its sustainability efforts—addressing planetary health and human experience at the same time. | | |
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| | | | Q2 Hotel Construction Pipeline Neared All-Time High Rates | | Portsmouth, NH, August 1, 2019—Analysts at Lodging Econometrics (LE) reported for the second quarter of 2019, the total U.S. construction pipeline climbed to 5,653 projects/693,207 rooms, up 6% by projects and 9% by rooms year-over-year (YOY). | | |
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| | | Purchasing Managers' Index Marked Slight Decrease in June | | Tempe, AZ, August 1, 2019—The June Purchasing Managers Index registered 51.7%, a decrease of 0.4 percentage point from the May reading of 52.1%, according to the ISM Report on Business. | | |
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| | | FCICA Announces Executive Board Members | | West Bloomfield, MI, August 1, 2019--FCICA, the Flooring Contractors Association, announced the members of it executive board. | | |
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| | | CFL North America Named Steve Kramer Director of Sales, Distrib. | | Jiaxing, China, August 1, 2019—CFL North America has promoted Steve Kramer to director of sales, distribution. | | |
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| Featured Video | | | | Scott Beckham Discusses Intex Flooring's Decision to Join Fuse | | August 1, 2019—Scott Beckham, a managing partner with Intex Flooring, a commercial flooring contractor based in Houston, and Kemp Harr discuss I | | |
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