Floordaily

Dec 01, 2022 / The Right News Right When It Happens

Top Story

Construction Spending Declined 0.3% in October

Washington, DC, December 21, 2022—Construction spending during October 2022 was estimated at a seasonally adjusted annual rate of $1,794.9 billion, 0.3% below the revised September estimate of $1,800.1 billion, according to the U.S. Census Bureau.

Today's Flooring News

Personal Income Rose 0.7% in October, Spending Up 0.8%

Washington, DC, December 1, 2022—Personal income increased $155.3 billion (0.7%) in October, according to estimates released by the Bureau of Economic Analysis.

AHF Launches Quick Ship Program

Mountville, PA, December 1, 2022-AHF Products, a manufacturer of hard surface flooring, announced the launch of a new Quick Ship program, featuring 12 Armstrong Flooring Luxury Vinyl Tile (LVT) options, manufactured in Lancaster, Pennsylvania.

Americans Renovating Rentals as Housing Market Precludes Purchases

New York, NY, December 1, 2022—"Many Americans unable to buy a home right now are renovating their rentals instead,” reports the Wall Street Journal.

Purchasing Managers Index Contracted Slightly in November

Tempe, AZ, December 1, 2022—The November Manufacturing Purchasing Managers Index (PMI) registered 49%, 1.2 percentage points lower than the 50.2% recorded in October, according to the latest Manufacturing ISM Report On Business.

Shaw Floors to Update Anso Colorwall in 2023

Dalton, GA, December 1, 2022-Shaw Floors will update its Anso Colorwall display in 2023. The carpet merchandising system is available exclusively to Shaw Flooring Network (SFN) retailers and has a 20+ year legacy in the industry.

INSTALL Announces Retirement of Executive Director John McGrath

Washington, DC, December 21, 2022-INSTALL announces the retirement of executive director John T. McGrath Jr., who played a significant role in revolutionizing floorcovering installation training and standards for over two decades.

Arthur Bieler of Majestic Carpet Mill Has Died

Weston, FL, December 1, 2022—Arthur Bieler, pioneer in the tufted carpet business, 93, died November 27.

Initial Jobless Claims Declined by 16,000 in Week Ending Nov. 26

Washington, DC, December 1, 2022—In the week ending November 26, the advance figure for seasonally adjusted initial claims was 225,000, a decrease of 16,000 from the previous week's revised level, according to the Department of Labor.

Torlys' Cam Bowen Wins BILD Member of the Year Award

Toronto, ON, December 1, 2022 – Torlys announced that one of its senior members received the prestigious Building Industry and Land Development Association (BILD) “Member of the Year” award, vice president of sales for builder & hospitality Cam Bowen.

Stanton Participates in Ronald McDonald House Remodel

Woodbury, NY, December 1, 2022—Stanton Carpet Corporation is the flooring sponsor of the Designing Hope Showhouse: a project to create comfort in a home away from home, a remodel of the The Ronald McDonald House of the Greater Hudson Valley.