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Aug 28, 2020 / The Right News Right When It Happens

Top Story

Consumer Sentiment Rose 2.2% to 74.1 in August

Ann Arbor, MI, August 28, 2020—Consumer sentiment rose 2.2% to 74.1 in August, according to final results from the University of Michigan Survey of Consumers.

Today's Flooring News

Federal Reserve to Maintain Low Interest Rate if Inflation Over 2%

New York, NY, August 28, 2020-The central bank unveiled a strategy in which it will tolerate periods of inflation above its 2% target to even out periods below, where it has mostly been since 2008, report the Wall Street Journal (WSJ).

Consumer Spending Rose by 1.9% in July, Income Up 0.4%

Washington, DC, August 28, 2020-Personal income increased $70.5 billion (0.4%) in July, according to estimates released by the Bureau of Economic Analysis.

Durkan Expands Partnership with Designer Virginia Langley

Calhoun, GA, August 28, 2020—Durkan has announced that the hospitality flooring manufacturer has partnered with longtime collaborator Virginia Langley to design print carpet tile exclusively for its PDI (Precision Dye Injection) platform.

Unilin Adding New Laminate Production in Belgium

Wielsbeke, Belgium, August 28, 2020—Unilin is investing in a new laminate flooring production line in Vielsalm, Belgium.

Cali Included on Fastest Growing Private Companies List for 12th Year

San Diego, CA, August 28, 2020—Cali has been included on the Inc. 5000 Fastest Growing Private Companies list for the 12th consecutive year.