Floor Covering

Economists More Optimistic, Keep Growth Forecasts

NABE economists see the unemployment rate sticking at 8.3 percent this year, matching January figures. That’s improved from their November forecast of 8.9 percent. Unemployment peaked at 10 percent in October of 2009. The economists expect job growth to accelerate next year, and forecast the unemployment rate will fall to 7.8 percent. GDP growth needs … Read more »

Bob Balgenorth: Project Labor Agreements are good for public projects

A PLA is a risk-management tool. Negotiated before work on a project begins, it generally includes a no-strike clause as well as a process to resolve disputes. It establishes the hours of work, wages, benefits and working conditions. Many municipal PLAs also have local-hire provisions and other benefits desired by the community. Read more at … Read more »

January Construction Recedes 2 Percent

New York, N.Y. – February 21, 2012 – The value of new construction starts dropped 2% in January to a seasonally adjusted annual rate of $402.2 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Both nonresidential building and housing settled back from December, while the nonbuilding construction sector managed to register a … Read more »

Architecture Billings Hint at Expansion Trend with Third Consecutive Monthly Increase

“Even though we had a similar upturn in design billings in late 2010 and early 2011, this recent showing is encouraging because it is being reflected across most regions of the country and across the major construction sectors,” said AIA Chief Economist Kermit Baker. Read more at DURABILITY + DESIGN.

IUPAT Missouri – Working Together to Keep St. Louis Working

In February, International Union of Painters and Allied Trades District Council 2, in conjunction with a group of fellow trade unions and builders, announced the continuation of a new and successful stimulus program that “focuses on putting people back to work and giving consumers a great deal,” according to the released announcement. It’s called the … Read more »

More on the Economy – Construction Added Jobs

The U. S. Economy added 243,000 jobs in January – the fastest rate since April, 2011. The increase appears to be a solid one based on economic information collected in government surveys. The official government unemployment rate declined from 8.5% to 8.3%. Manufacturing added 50,000 jobs and 21,000 new jobs were added to construction. Read … Read more »

Floor Covering Weekly – Vinyl leaders set price increase for Q1

The U.S. industry’s leading vinyl floor suppliers announced that they will raise pricing by various degrees on their commercial and residential hard surface offerings during the first quarter, 2012. Read more HERE.

Employers added 243,000 jobs in January, pushing unemployment rate down to 8.3 percent

WASHINGTON — The unemployment rate fell for the fifth straight month after a surge of January hiring, a promising shift in the nation’s outlook for job growth. The Labor Department says employers added 243,000 jobs in January, the most in nine months. The unemployment rate dropped to 8.3 percent from 8.5 percent in December. That’s … Read more »

Light at Tunnel’s End? Survey Projects Growth in Non-residential Construction

The survey, 2012 Construction Industry Forecast, conducted by Wells Fargo Equipment Finance Inc., reported the “optimism quotient”—the survey’s primary benchmark for measuring contractor and equipment  distributor sentiment—at 114 for 2012, an increase from 96 a year earlier. Read more at DURABILITY+DESIGN.

Heat Welding Resilient Floors

Heat welding seams in resilient sheet flooring or tile is one of the more specialized talents an installer can possess and is a service that a dealer or flooring contractor can offer for a virtually “seamless” floor.  A great deal of skill is involved, so not a lot of installers do heat welding.  The ones … Read more »