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Industry News

Import Prices Rose 0.7% in July

Washington, DC, August 13, 2020—U.S. import prices increased 0.7% in July, the U.S. Bureau of Labor Statistics reported, following a 1.4% advance in June and a 0.7% rise in May.

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Job Claims Rose by 963K in First Week of August

Washington, DC, August 13, 2020—In the week ending August 8, the advance figure for seasonally adjusted initial claims was 963,000, a decrease of 228,000 from the previous week's revised level, according to the Department of Labor.

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NKBA Members Report Better Q2; Flooring Most Disrupted Supply Chain

Hackettstown, NJ, August 12, 2020-The Q2 2020 survey of National Kitchen & Bath Association (NKBA) members (in manufacturing, building/construction, design and retail) revealed the current health of the industry is rated at 5.9 (on a scale of zero to 10, with zero being poor, five being “normal” and 10 being excellent), up significantly from last quarter’s 4.1.

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Consumer Prices Rose 0.6% in July

Washington, DC, August 12, 2020—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in July on a seasonally adjusted basis, the same increase as in June, the U.S. Bureau of Labor Statistics reported.

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Producer Prices Rose 0.6% in July

Washington, DC, August 11, 2020—The Producer Price Index for final demand increased 0.6% in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

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Small Business Optimism Down a Hair in July

Washington, DC, August 11, 2020-NFIB’s Small Business Optimism Index fell 1.8 points to 98.8 in July, near the survey’s historical average. Overall, four of the ten Index components improved, five declined, and one was unchanged.

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Recent Industry Events

Interviews

Danny Crutchfield Discusses Shaw's Plan to Conduct SFN Alligned Dealer Meeting Virtually

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Harlan Stone Discusses the Impact the Reinstated 25% Tariff will have on China-Made LVT

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Kermit Baker Discusses the Outlook for Growth in the Housing and Commercial Building Markets

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Dean Thompson Discusses the Impact of the Reinstated 25% Tariff on Chinese LVT

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Mark Bowe Discusses the Bruce Barnwood Living Collection

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