Import Prices Up 1.0% in January
Washington, DC, February 16, 2018—U.S. import prices increased 1.0% in January, the U.S. Bureau of Labor Statistics reported, after rising 0.2% in December, according to the Bureau of Labor Statistics.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Bolyu & Aqua Rebranded as EF Contract & EF Hospitality
Dalton, GA, February 15, 2018—Engineered Floors has announced that it has restructured and re-branded the commercial flooring businesses of Bolyu Commercial and Aqua Hospitality, following Engineered Floor’s purchase of Beaulieu of America.
Builder Confidence Unchanged at 72 in February
Washington, DC, February 15, 2018—Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy 72 level in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Producer Prices Rose 0.4% in January
Washington, DC, February 15, 2018—The Producer Price Index for final demand increased 0.4% in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Industrial Production Fell 0.1% in January
Washington, DC, February 15, 2018—Industrial production edged down 0.1% in January following four consecutive monthly increases, according to the Federal Reserve.
Q4 Home Prices Rose 5.3% YOY, Inventory Levels at All-Time Low
Washington, DC, February 14, 2018—An uptick in existing-home sales in the final three months of 2017 pulled down housing inventory to an all-time low and kept home-price growth at its recent robust pace, according to the latest quarterly report by the National Association of Realtors.
Consumer Prices Rose 0.5% in January
Washington, DC, February 14, 2018—The Consumer Price Index for All Urban increased 0.5% in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.
Four Flooring Companies Make the Training Top 125 List
Excelsior, MN, February 14, 2018—Training magazine has released its 2018 Training Top 125, and several flooring manufacturers were included in the list.
Distributive Trade Sales & Manufacturers' Shipments Up in Dec.
Washington, DC, February 14, 2018—The combined value of distributive trade sales and manufacturers’ shipments for December was estimated at $1,431.3 billion, up 0.6% from November 2017 and was up 6.7% from December 2016.
January Retail Sales Fell 0.3% from December, Rose 3.6% YOY
Washington, DC, February 14, 2018—Advance estimates of U.S. retail and food services sales for January 2018 were $492.0 billion, a decrease of 0.3% from the previous month, but 3.6% above January 2017, according to the U.S. Census Bureau.