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Feb 01, 2019  /  The Right News Right When It Happens
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Construction Spending Increased by 0.8% in November
Washington, DC, February 1, 2019-Construction spending during November 2018 was estimated at a seasonally adjusted annual rate of $1,299.9 billion, 0.8% above the revised October estimate of $1,289.7 billion, according to the U.S. Census Bureau.
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Today's Flooring News
Consumer Sentiment Closes January Down 7.2%
Ann Arbor, MI, February 1, 2019—Consumer sentiment fell 7.2% to 91.2 in January, from December’s 98.3 rate, according to final results from the University of Michigan Survey of Consumers.
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Purchasing Managers' Index Records Increase in January
Tempe, AZ, February 1, 2019—The January Purchasing Managers’ Index (PMI) registered 56.6%, an increase of 2.3 percentage points from the December reading of 54.3%, according to the latest Manufacturing ISM Report On Business.
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NWFA Hosting Webinar on New Consumer-Focussed Campaign
St. Louis, MO, February 1, 2019-The National Wood Flooring Association (NWFA) is hosting a webinar discussion of its “Real Wood. Real Life.” campaign, aimed at helping homeowners learn more about the characteristics and benefits of real wood floors.
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Stump Shares Observations From Furniture Industry Shows
Charlotte, NC, February 1, 2019-Furniture industry analyst Stump has released a summary of observations from its January shows.
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Employment & Unemployment Both Edged Up in January
Washington, DC, February 1, 2019—Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0%, the U.S. Bureau of Labor Statistics reported.
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Featured Video
Michael Martin Discusses the Real Wood Real Life Hardwood Flooring Campaign
February 1, 2019—Michael Martin, CEO with the National Wood Flooring Association (NWFA), and Kemp Harr, discuss the roll out of the hardwood flo
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