| | | Aug 01, 2018 / The Right News Right When It Happens | | Top Story | | | | Construction Spending Fell 1.1% in June, But Rose 6.1% YOY | | Washington, DC, August 1, 2018--Construction spending during June 2018 was estimated at a seasonally adjusted annual rate of $1,317.2 billion, 1.1% below the revised May estimate of $1,332.2 billion, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | Tarkett Reports Q2 and First Half Results | | Paris, FR, August 1, 2018—Tarkett reported a net sales decrease of 0.4% in Q2, year over year, and a net sales increase of 3.0% in the first half of 2018. | | |
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| | | | Spectra Joins Starnet and Fuse in Joint Task Force | | Dalton, GA, August 1, 2018—Spectra Contract Flooring has joined the Starnet Worldwide Commercial Flooring and Fuse Alliance joint task force. | | |
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| | | | Construction Employment Rose in 76% of Metro Areas in June YOY | | Arlington, VA, August 1, 2018-Construction employment increased in 272 (76%) out of 358 metro areas between June 2017 and June 2018, declined in 44 (12%) and was unchanged in 42, according to a new analysis of federal employment data released by the Associated General Contractors of America. | | |
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| | | July Purchasing Managers Index Contracted Slightly | | Tempe, AZ, August 1, 2018—The July Purchasing Managers Index (PMI) registered 58.1%, a decrease of 2.1 percentage points from the June reading of 60.2%, according to the latest Manufacturing ISM Report On Business. | | |
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| | | Cali Bamboo Names Tom Tidmore Director of Business Dev. | | San Diego, CA, August 1, 2018-Cali Bamboo has named industry veteran Tom Tidmore as its new director of business development. | | |
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| | | Private Sector Employment Rose by 219K in July | | Roseland, NJ, August 1, 2018—Private sector employment increased by 219,000 jobs from June to July according to the July ADP National Employment Report. | | |
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| | | Ascend Performance Materials Acquires Britannia Techno Polymer | | Houston, TX, August 1, 2018-Ascend Performance Materials, the largest global fully integrated producer of nylon 6,6 resin, announced the purchase of Britannia Techno Polymer (BTP), an engineering plastics compounder based in the Netherlands. | | |
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| | | Hotel Construction Pipeline Grew Moderately YOY in Q2 | | Portsmouth, NH, August 1, 2018—At the end of the second quarter, analysts at Lodging Econometrics (LE) report that the total U.S. construction pipeline stands at 5,312 projects/634,501 rooms, up 7% from 2017Âs 4,973 projects/598,371 rooms. | | |
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| | | TCNA's Ryan Marino Honored by ASTM w/ Award of Appreciation | | W. Conshohocken, PA, August 1, 2018—ASTM International Committee C21 on Ceramic Whitewares and Related Products recognized TCNA Standards Development and Research Manager, Ryan Marino, with an Award of Appreciation. | | |
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| | | Tarkett Earns Two Living Product Certifications | | Solon, OH, August 1, 2018—Tarkett announces two Living Product Challenge Certifications. Tarkett has received Imperative Certification from ILFI for two products—rubber tile (e.g. Pentagonals) and ethos Modular with Omnicoat Technology (as seen with Tailored Twist). | | |
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| Featured Video | | | | Andrew Bonham Discusses Tarkett's Growth Strategy for North America | | August 1, 2018—Andrew Bonham, President and CEO of Tarkett North America, and Kemp Harr discuss Andrew's background and the strategic plans for | | |
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