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Jul 16, 2019  /  The Right News Right When It Happens
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Builder Confidence Inched Up to 65 in July
Washington, DC, July 16, 2019—Builder confidence in the market for newly-built single-family homes rose one point to 65 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
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Today's Flooring News
Anatolia Expanding Operations in Savannah w/ $98M Investment
Savannah, GA, July 16, 2019-Anatolia Tile + Stone will expand its operations to Savannah, Georgia, investing $98 million at two facilities at the Savannah River International Trade Park, reports Savannah Now.
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Retail Sales Rose 3.4% YOY in June
Washington, DC, July 16, 2019—Advance estimates of U.S. retail and food services sales for June 2019 were $519.9 billion, an increase of 0.4% from the previous month, and 3.4% above June 2018, according to the U.S. Census Bureau.
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Nourison Opening Distribution Facility in Las Vegas
Saddle Brook, NJ, July 16, 2019—Nourison is opening a distribution facility in north Las Vegas, Nevada.
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Mohawk Conducting Full Consumer Launch of Pergo Extreme LVT
Calhoun, GA, July 16, 2019—Mohawk has announced the full consumer launch its Pergo Extreme LVT, which was first introduced through Mohawk Edge retailers.
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Tariff Pressures Slow China's Economic Growth, Says the AP
Beijing, China, July 16, 2019—China’s economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington, reports the Associated Press.
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Flooring AM/Flooring CA/Floor Trader Altering Summer Meetings
Manchester, NH, July 16, 2019-Select retail divisions of CCA Global Partners are making changes to their annual Building Buzz event this summer.
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Industrial Production Flat in June
Washington, DC, July 16, 2019--Industrial production was unchanged in June, as increases for both manufacturing and mining offset a decline for utilities.
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Distib. Trade Sales & Manu. Shipments Rose 0.2% in May
Washington, DC, July 16, 2019—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,461.4 billion, up 0.2% from April 2019 and was up 1.5% from May 2018, according to the U.S. Census Bureau.
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