Floordaily

Mar 01, 2024 / The Right News Right When It Happens

Top Story

February Consumer Sentiment Declined 2.7% from Jan., but Up 14.9% YOY

Ann Arbor, MI, March 1, 2024—Consumer sentiment declined 2.7% to 76.9 in February, according to final results from the University of Michigan Survey of Consumers.

Today's Flooring News

Construction Spending Declined 0.2% in January

Washington, DC, March 1, 2024—Construction spending during January 2024 was estimated at a seasonally adjusted annual rate of $2,102.4 billion, 0.2% below the revised December estimate of $2,105.8 billion, according to the U.S. Census Bureau.

BASF Declares Force Majeure on Polyamide

Freeport, TX, March 1, 2024—Due to unprecedented complications impacting operations in its polyamide production, BASF is not able to supply required volumes of materials necessary to meet market demand.

U.S. Housing Market Short 7.2 Million Homes

Washington, DC, March 1, 2023—U.S. housing markets continue to struggle with a growing shortage of new homes, the result of more than a decade of under-building relative to population growth, reports Realtor.com.

ISM Purchasing Managers' Index at 47.8% in January

Tempe, AZ, March 1, 2024-- The Manufacturing Purchasing Managers’ Index (PMI) registered 47.8% in February, down 1.3 percentage points from the 49.1% recorded in January, in the latest Manufacturing ISM Report on Business.

Leggett & Platt Announces Leadership Changes

Carthage, MO, March 1, 2024—Diversified manufacturer Leggett & Platt announced that Steve Henderson, executive vice president and president of the specialized products and furniture, flooring & textile products segments, will retire April 1.

Cyncly Donates $10,000 to Habitat for Humanity Las Vegas

Las Vegas, NV, March 1, 2024—Cyncly is donating $10,000 to Habitat for Humanity Las Vegas.