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May 05, 2023  /  The Right News Right When It Happens
Top Story
Interface Sales Up 2.7% for Q1
Atlanta, GA, May 5, 2023—Interface reported net sales of $295.8 million for Q1 2023, up 2.7% over Q1 2022’s $288 million.
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Today's Flooring News
Dixie Group's Q1 Sales Declined 13.5%
Dalton, GA, May 5, 2023-The Dixie Group reported net sales of $67.1 million for Q1 2023, a 13.5% decline compared to sales of $77.6 million in Q1 2022.
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Dodge Momentum Index Declined 5.1% in April to 180.9
Hamilton, NJ, May 5, 2023—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 5.1% in April to 180.9 from the revised March reading of 190.6. In April, the commercial component of the DMI fell 8.0%, and the institutional component improved 0.3%.
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Rasa Floors & Martin Greenbaum Company Merge
Carrollton, TX, May 5, 2023—Rasa Floors has merged with Martin Greenbaum Company (MGC), bringing together two providers of flooring installation services.
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Mannington Joins Vinyl Sustainability Council
Washington, DC, May 5, 2023-The Vinyl Sustainability Council (VSC), a self-funded business council advancing sustainability in the vinyl industry, welcomed Mannington Mills as the council's newest member.
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Nonfarm Employment Up by 236,000, Unemployment Steady at 3.5%
Washington, DC, May 5, 2023—Total nonfarm payroll employment rose by 236,000 in March, and the unemployment rate changed little at 3.5%, the U.S. Bureau of Labor Statistics reported.
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Featured Video
Bruce Zwicker Discusses Current Business Conditions in Flooring Business
May 5, 2023—Bruce Zwicker, Flooring industry consultant, and Kemp Harr discuss current demand trends within flooring business and the Q1 results
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