Breaking Flooring News

Productivity Rose 7.3% in Q2

Productivity Rose 7.3% in Q2

Washington, DC, August 14, 2020-Nonfarm business sector labor productivity increased 7.3% in Q2 2020, the U.S. Bureau of Labor Statistics reported, as output decreased 38.9% and hours worked decreased 43.0%.

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Industry News

Retail Sales Rose 1.2% in July

Washington, DC, August 14, 2020—Advance estimates of U.S. retail and food services sales for July 2020 were $536.0 billion, an increase of 1.2% from the previous month, and 2.7% above July 2019, according to the U.S. Census Bureau.

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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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Recent Industry Events

Interviews

Vinnie Virga Discusses the Floors and More Meeting in Nashville

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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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