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Jul 25, 2019  /  The Right News Right When It Happens
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AIA’s Nonresidential Forecast Predicts Growth
Washington, DC, July 25, 2019—Spending on nonresidential building construction is expected to increase almost 4% this year and more than 2% in 2020, according to a new consensus forecast from The American Institute of Architects (AIA).
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Today's Flooring News
Stifel's Analysis Preview Announces Flooring Performance for Q2
St. Louis, MO, July 25, 2019—Stifel's Flooring Earnings Preview indicated that flooring demand would be flat in Q2. Earnings releases from The Tile Shop and Tarkett have backed this weak flooring outlook with these companies seeing negative company growth.
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Durable Goods Orders Rose 2% in June
Washington, DC, July 25, 2019—New orders for manufactured durable goods in June increased $4.9 billion or 2% to $246.0 billion, the U.S. Census Bureau announced.
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Rental Vacancy Rates Flat for Q2 2019
Washington, DC, July 25, 2019—National vacancy rates in the second quarter of 2019 were 6.8% for rental housing and 1.3% for homeowner housing, according to the U.S. Census Bureau.
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Galleher Opens 4,000 Square-Foot Design Studio in San Diego
Santa Fe Springs, CA, July 25, 2019—Galleher LLC announced the opening of its new 4,000 sq.ft. Design Studio location in San Diego, California at 7595 Raytheon Rd.
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Cain Brodie Assumes GM Role of Las Vegas Design Center
Las Vegas, NV, July 25, 2019—International Market Centers (IMC) has promoted Cain Brodie to general manager of the Las Vegas Design Center (LVDC), a collection of design-driven, open year-round showrooms located on the World Market Center Las Vegas campus, effective August 1.
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Roberts Announces 80th Anniversary Sweepstakes Winners
Boca Raton, FL, July 25, 2019—Roberts Consolidated Industries, Inc. announced the winners of the Roberts 80th Anniversary Giveaway Sweepstakes that ran through the end of 2018 and were awarded earlier this year.
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Featured Video
Tim Baucom Discusses Chinese Tariffs and Consumer Buying Trends
July 25, 2019—Tim Baucom, President of Shaw Industries, and Kemp Harr discuss the complexity the Chinese tariffs are bringing to the LVT segment
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