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Nov 12, 2021 / The Right News Right When It Happens

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Dixie Group Net Sales Up 27% in Q3, Income Up 744%

Dalton, GA, November 12, 2021—The Dixie Group has reported net sales of $89.3 million for Q3 2021, up 27% compared to Q3 2020’s $70.0 million.

Today's Flooring News

Housing Affordability Steady in Q3 Amid Supply Chain Challenges

Washington, DC, November 12, 2021—Only 56.6% of new and existing homes sold between the beginning of July and end of September were affordable to families earning the U.S. median income of $79,900, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).

Consumer Sentiment Slid 6.8% to 66.8 in Early Nov., Lowest in a Decade

Ann Arbor, MI, November 12, 2021-Consumer sentiment slid 6.8% in early November to 66.8, according to the University of Michigan Survey of Consumers.

R&R Hardwood Distributors Sold to Private Investor

Dallas, TX, November 12, 2021—Generational Equity has announced the sale of R&R Hardwood Distributors to a private investor.

Carpet One Appoints New Advisory Council Members, Wins 2021 Telly

Manchester, NH, November 12, 2021-Carpet One Floor & Home recently announced the appointment of three new members to its advisory council.

Record-High Job Openings Have Persisted Since June

New York, NY, November 12, 2021—The U.S. economy has had more than 10 million open jobs since June, an extraordinary stretch of imbalance in the labor market that also includes record numbers of workers quitting their jobs, reports the Wall Street Journal.

Job Openings Steady at 10.4 million in September

Washington, DC, November 12, 2021—The number of job openings was little changed at 10.4 million on the last business day of September, the U.S. Bureau of Labor Statistics reported.

Milliken Offsets Carbon Footprint of Flooring Portfolio with Credits

Spartanburg, SC, November 12, 2021-Milliken & Company has announced that all its carpet, luxury vinyl tile and entryway tile products around the globe are now carbon neutral, offsetting carbon emissions in raw materials and manufacturing carbon footprint using Verified Carbon Standard credits.