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FloorDaily.net News & Interviews (December 15, 2016)


Today's Interviews

Tom Lape Discusses Mohawk's Carpet Introductions for 2017 

December 15, 2016-Tom Lape, president of Mohawk's residential business, and Kemp Harr discuss the highlights of Mohawk's new residential carpet introductions for 2017. Listen to the interview for more details and to hear Tom talk about the prospects for growth in the residential carpet sector.

Listen at FloorDaily.net

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Today's News
Federal Reserve Hikes Interest Rate and The Dollar Surges

Washington, DC, December 15, 2016-The Federal Reserve increased its key interest rate by 0.25% on December 14, signifying its confidence in the strength of the U.S. economy. Read at FloorDaily.net

 

Builder Confidence Jumped Seven Points Post-Election

Washington, DC, December 15, 2016-Builder confidence in the market for newly-built single-family homes jumped seven points to a level of 70 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Read at FloorDaily.net

 

Domotex asia/Chinafloor to Host Distributor Delegation for 2nd Year

Shanghai, CH, December 15, 2016-For the second year in a row, Domotex asia/Chinafloor will host a delegation of leading North American distributors to meet with suppliers from China and Asia. Read at FloorDaily.net

 

Consumer Prices Inched Upward in November

Washington, DC, December 15, 2016-The Consumer Price Index for All Urban Consumers increased 0.2% in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported. Read at FloorDaily.net

 

Home Sales Expected to Expand Modestly in 2017, NAR

Washington, DC, December 15, 2016-Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from the National Association of Realtors. Read at FloorDaily.net

 

 

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