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May 09, 2019  /  The Right News Right When It Happens
Top Story
Chinese Tariffs Will Raise to 25% Tomorrow Unless Talks Progress
Washington, DC, May 9, 2019-The U.S. formerly filed paperwork Wednesday to raise tariffs on Chinese-made goods to 25% on May 10 unless progress is made in trade talks, resuming today, says the Wall Street Journal.
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Today's Flooring News
Housing Affordability Rose in Q1 2019
Washington, DC, May 9, 2019—Lower home prices, declining mortgage rates and solid income gains contributed to a rise in housing affordability in the first quarter of 2019, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).
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Producer Prices Inched Up 0.2% in April
Washington, DC, May 9, 2019—The Producer Price Index for final demand rose 0.2% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
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CFL Facilities in Taiwan & Vietnam Now Operational
Jiaxing, China, May 9, 2019—CFL’s new production facilities in Taiwan and Vietnam are up and running, with initial shipments of laminate and SPC having started in March 2019.
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CFI Promotes Carpet Installation Career to Students in Dallas Area
Dallas, TX, April 29, 2019—Certified Flooring Installers Association hosted the Build My Future: Flooring Edition event in the Dallas-Fort Worth Metroplex.
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Trade Deficit Widened by $0.7 Billion in March
Washington, DC, May 9, 2019—The goods and services deficit was $50.0 billion in March, up $0.7 billion from $49.3 billion in February, revised, The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
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Wholesaler Sales Rose 2.3% in March
Washington, DC, May 9, 2019—March 2019 sales of merchant wholesalers were $507.4 billion, up 2.3% from the revised February level and were up 3.9% from the March 2018 level, according to the U.S. Census Bureau.
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Featured Video
Bob Peoples Discusses CARE's Successes and Challenges with Carpet Recycling
May 9, 2019--Bob Peoples, Executive Director with CARE (Carpet America Recovery Effort), and Kemp Harr discuss CARE's accomplishments and challenges i
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