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Mar 08, 2019  /  The Right News Right When It Happens
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Dixie Group Reports Losses in 2018; Continues Focus on Profit Improvement Plan
Dalton, GA, March 8, 2019—The Dixie Group reported net sales of $405.0 million for 2018, compared to sales of $412.5 million for 2017. The net loss for 2018 was $21.4 million, compared to $9.6 million in 2017.
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Today's Flooring News
Housing Starts Rose 18.6% in January
Washington, DC, March 8, 2019—Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,230,000, according to the U.S. Census Bureau, 18.6% above the revised December estimate of 1,037,000 but 7.8% below the January 2018 rate of 1,334,000.
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Rusty Joyce Named President of Brintons Americas
Atlanta, GA, March 8, 2019—Brintons is welcoming Rusty Joyce to its Americas team to the newly created role of president of Brintons Americas.
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Employment Rate Steady in Feb., Unemployment Fell to 3.8%
Washington, DC, March 8, 2019—Total nonfarm payroll employment changed little in February (+20,000), and the unemployment rate declined to 3.8%, the U.S. Bureau of Labor Statistics has reported.
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Pick-Up in Productivity Is Good News for U.S. Economy
Washington, DC, March 8, 2019—"U.S. worker productivity, an important driver of wage and output growth, is showing glimmers of recovery after years of subdued increases that held back the economy,” reports Sharon Nunn in a Wall Street Journal article titled, “U.S. Worker Productivity Picks Up.”
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Featured Video
Andreas Gruchow Discusses the First Domotex USA Show in Atlanta
March 8, 2019—Andreas Gruchow, CEO of Domotex worldwide (Deutsch Messe), and Kemp Harr discuss how the company that decided to bring Domotex to
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