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Mar 14, 2018  /  The Right News Right When It Happens
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Distributive Trade Sales & Manufacturers' Shipments Up 5.7% YOY
Washington, DC, March 14, 2018—The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,426.0 billion, down 0.2% from December 2017 but was up 5.7% from January 2017, according to the U.S. Census Bureau.
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Today's Flooring News
Retail Sales Rose 4.0% YOY in February
Washington, DC, March 14, 2018—Advance estimates of U.S. retail and food services sales for February 2018 were $492.0 billion, a decrease of 0.1% from the previous month, but 4.0% above February 2017, according to the U.S. Census Bureau.
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MFA & SCS Global Launch Pilot Multilayer Flooring Certification
Calhoun, GA, March 14, 2018—The Multilayer Flooring Association (MFA) and SCS Global Services announced a pilot certification for new resilient flooring products in the multilayer format with rigid polymer cores.
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Compliance Dates Set for Formaldehyde Act
Sterling, VA, March 14, 2018—The parties in Sierra Club v. Pruitt have reached an agreement that sets the "manufactured by" dates for the Formaldehyde Act of Title VI of the Toxic Substances Control Act to June 1, 2018 for producers and fabricators of composite wood panels, reports the Decorative Hardwoods Association, formerly known as the Hardwood, Plywood & Veneer Association.
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Lexmark Announces Several Company Promotions
Dalton, GA, March 14, 2018—With a focus on growing from within, Lexmark Residential is proud to announce a new vice president of residential sales, Chris Petrie.
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I4F Announces Expansions in The Netherlands and China
Eindhoven, The Netherlands, March 14, 2018—I4F, a group of companies providing patents and technologies to the flooring industry, announced the opening of two new offices: one in the Netherlands, Europe and the other in Shanghai, China.
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Featured Video
John Baugh Discusses Year End Results for Publicly Traded Flooring Companies and 2018 Outlook
March 14, 2018—John Baugh, managing director with Stifel Nicolaus, and Kemp Harr discuss the preliminary estimates for flooring industry growth
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