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FloorDaily.net News & Interviews (December 14, 2016)


Today's Interviews

Robert Murray Discusses the Dodge Construction Outlook for 2017 

December 14, 2010-Bob Murray, chief economist with Dodge Data and Analytics, and Kemp Harr review his organization's outlook for construction spending in 2017. Listen to this ten-minute interview to hear Bob go through all the core sectors that consume both residential and commercial flooring to get a better outlook on growth expectations for 2017. Overall, Dodge is calling for an 8% growth across all building sectors.

Listen at FloorDaily.net

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Today's News
BASF Announces Increase for Caprolactam & Polyamide Polymer

Wyandotte, MI, December 14, 2016--BASF will increase prices for caprolactam and polyamide (PA) polymer by $0.08 per pound in North America, effective January 1, 2017 or as contracts allow. Read at FloorDaily.net

 

October Foreclosure Inventory Falls 31.5% YOY

Irvine, CA, December 14, 2016-Foreclosure inventory declined by 31.5% and completed foreclosures declined by 24.9% compared with October 2015, according to CoreLogic's October 2016 National Foreclosure Report. Read at FloorDaily.net

 

November Retail Sales Rose 3.8% YOY

Washington, DC, December 14, 2016-Advance estimates of U.S. retail and food services sales for November were $465.5 billion, an increase of 0.1% from the previous month, and 3.8% above November 2015, according to the U.S. Census Bureau. Read at FloorDaily.net

 

Oct. Distributive Trade Sales & Manufacturers' Shipments Up 0.8%

Washington, DC, December 14, 2016-The combined value of distributive trade sales and manufacturers' shipments for October was estimated at $1,326.8 billion, up 0.8% from September 2016 and was up 2.1% from October 2015, the U.S. Census Bureau announced. Read at FloorDaily.net

 

Producer Prices Increased by 0.4% in November

Washington, DC, December 14, 2016-The Producer Price Index for final demand increased 0.4% in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. Read at FloorDaily.net

 

Industrial Production Fell 0.4% in November, After October Rise

Washington, DC, December 14, 2016-Industrial production declined 0.4% in November after edging up 0.1% in October, according to the Federal Reserve. Read at FloorDaily.net

 

UofW Team Builds Floor that Converts Pressure into Electricity

Madison, WI, December 14, 2016-Material science researchers at the University of Wisconsin-Madison have figured out how to build wood flooring material that converts downward pressure into usable electricity, reports Business Insider. Read at FloorDaily.net

 

UK Carpet Manufacturer Victoria to Purchase Aussie Dunlop Flooring

Worcester, UK, December 14, 2016-Victoria, the Kidderminster carpet manufacturer, will purchase Australian underlay and hardwood flooring maker Dunlop Flooring in a £20m deal, reports worcesternews.co.uk. Read at FloorDaily.net

 

Small Business Optimism Rose Sharply After Election

Washington, DC, December 14, 2016-Small business optimism remained flat leading up to Election Day and then rocketed 3.5 points to 98.4 as business owners expected better conditions under new leadership in Washington, according to a special edition of the monthly NFIB Index of Small Business Optimism. Read at FloorDaily.net

 

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