| | | Sep 04, 2018 / The Right News Right When It Happens | | Top Story | | | | July Construction Spending Rose 5.8% YOY | | Washington, DC, September 4, 2018—Construction spending during July 2018 was estimated at a seasonally adjusted annual rate of $1,315.4 billion, 0.1% above the revised June estimate of $1,314.2 billion, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | Purchasing Managers Index Expanded to 61.3% in August | | Tempe, AZ, September 4, 2018—The August Purchasing Managers Index (PMI) registered 61.3%, an increase of 3.2 percentage points from the July reading of 58.1%, according to the latest Manufacturing ISM Report On Business. | | |
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| | | | Debtor Trustee Files Suit Against BeaulieuÂs Officers & Directors | | Rome, GA, August 29, 2018—The liquidating trustee has filed suit against Beaulieu GroupÂs directors, officers and equity owners seeking remedy for allegedly breaking the law with fund transfers prior to bankruptcy filing in July 2017. | | |
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| | | | Domotex Announces Management Changes | | Hannover, DE, September 4, 2018—Management of the Domotex portfolio—which includes floorcovering events in Hannover, Shanghai, Atlanta, and Gaziantep, Turkey—has been passed from Susanne Klaproth to Sonia Wedell-Castellano. | | |
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| | | July Home Prices Rose 6.2% YOY, Says CoreLogic | | Irvine, CA, September 4, 2018—Home prices increased nationally by 6.2% year over year from July 2017 to July 2018, according to the CoreLogic Home Price Index (HPI) and HPI Forecast for July 2018. | | |
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| | | Mohawk Intl. Services Withdraws Legal Action Against Windmöller | | Willemstad, Curacao, September 4, 2018—Ulrich Windmöller Consulting Gmbh & Co. KG (UWC) has announced that Mohawk International Services BVBA has withdrawn from a revocation action, filed via a U.K. law firm, against Windmöller patent EP 1938963 in the United Kingdom. | | |
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| | | Forestia Launching Particle Board Subflooring with Välinge 2G Lock | | Viken, Sweden, September 4, 2018-Norwegian particle board producer Forestia signed a license agreement with Välinge earlier this year and is now launching particle board subfloors with a specially developed version of 2G locking technology by Välinge. | | |
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