| | | May 01, 2020 / The Right News Right When It Happens | | Top Story | | | | Construction Spending Rose 0.9% in March | | Washington, DC, May 1, 2020—Construction spending during March 2020 was estimated at a seasonally adjusted annual rate of $1,360.5 billion, 0.9% above the revised February estimate of $1,348.4 billion, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | Tarkett Reports 0.2% Net Sales Increase for NA Business, Down 2.2% Global | | Paris, FR, April 29, 2020-Tarkett reported a global net sales decrease of 2.2% for Q1 2020. | | |
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| | | | Builder Confidence in 55 Housing Market Posts 30-Point Drop | | Washington, DC, May 1, 2020--Builder confidence in the single-family 55+ housing market dropped 30 points to 38 in the first quarter, according to the NAHB 55+ Housing Market Index (HMI). This is the lowest reading since the fourth quarter of 2012. | | |
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| | | | Coverings Reports Attendance Numbers for Online Event | | Arlington, VA, May 1, 2020-Coverings released post-show attendance numbers and digital resources from Coverings Connected, which took place April 20 to 23. | | |
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| | | Purchasing Managers Index Slid 7.6 Points in March | | Tempe, AZ, May 1, 2020—The April Purchasing Managers Index (PMI) registered 41.5%, down 7.6 percentage points from the March reading of 49.1%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. | | |
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| | | IIDA Names Winners of Two Interior Design Competitions | | Chicago, IL, May 1, 2020—IIDA is pleased to announce the winners of two interior design competitions: the 47th annual Interior Design Competition and the 28th annual Will Ching Design Competition. | | |
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| | | Interface's Nora Rubber Chosen for Miami Field Hospital | | Atlanta, GA, May 1, 2020—National, state and local governments partnered with the U.S. Army Corps of Engineers (USACE) to convert 250,000 square feet of the Miami Beach Convention Center—nearly the size of five football fields—into a temporary field hospital. | | |
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| | | Safeharbor & Spec-Intel Integrate Platforms | | Chicago, IL, May 1, 2020—Safeharbor, a floorcovering estimating platform for commercial construction, and Spec-Intel, an automated commercial product data company, have integrated platforms to save flooring contractors valuable time and reduce the liability of manual data entry. | | |
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| | | Lane Sales Rebrands as LSI Flooring | | Long Island, NY, May 1, 2020—After 18 years as Lane Sales, Inc. the company has rebranded as LSI Flooring. | | |
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