| | | Oct 08, 2024 / The Right News Right When It Happens | | Top Story | | | | Trade Deficit Narrowed by $8.5 Billion in August | | Washington, DC, October 8, 2024—The goods and services deficit was $70.4 billion in August, down $8.5 billion from $78.9 billion in July, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced. | | |
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| | Today's Flooring News | | | | Small Business Optimism Rose to 91.5 in September | | Washington, DC, October 8, 2024—The NFIB Small Business Optimism Index rose by 0.3 points in September to 91.5. | | |
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| | | | Forbo Utilizes Universal Fibers' Thrive for New Carpet Tile Line | | Bristol, VA, October 8, 2024—Universal Fibers has announced the launch of Forbo Flooring Systems’ New Tessera Topology, the first collection in its Evolve+ series, using Thrive matter yarn from Universal Fibers. | | |
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| | | | Shaw Forms Partnership with PPG for Resinous Flooring | | Pittsburgh, PA, and Dalton, GA, October 8, 2024—PPG has signed a strategic agreement with Shaw Industries Group to offer the PPG Flooring line of resinous flooring products. | | |
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| | | Catherine Del Vecchio Named VP, Marketing for AHF | | Mountville, PA, October 8, 2024-AHF Products has named Catherine Del Vecchio vice president, marketing, reporting to Jennifer Zimmerman, chief commercial officer. | | |
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| | | Construction Momentum Declined 4.2% in September | | Bedford, MA, October 8, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 4.2% in September to 208.6 (2000=100) from the revised August reading of 217.7. Over the month, commercial planning contracted 7.8% and institutional planning improved 5.2%. | | |
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| | | Besse Forest Products Closes Six Mills | | Gladstone, MI, October 8, 2024-"Eight months after being acquired by an equity firm, Besse Forest Products Group, a long-time distributor of Northern hardwood veneer, lumber, and specialty plywood manufacturing, has officially closed six of its green lumber sawmills and veneer mills in Wisconsin and Michigan and the assets from these facilities are now up for sale,” reports Wood Working Network. | | |
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| | | Turner Retires from CRI, Hagan Appointed | | Dalton, GA, October 8, 2024—The Carpet and Rug Institute (The CRI) has announced the retirement of Richard Turner, who has been an integral part of the organization for the past seven years and part of the carpet industry for the past 43 years, and the appointment of Darrell Hagan. | | |
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| | | Tarkett Holds Third Healthy Building Summit | | Solon, OH, October 8, 2024—Tarkett North America held its third Healthy Building Summit. | | |
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