Factory Orders Rebound, Up 1.6% in January
Washington, DC, March 3, 2016—New orders for manufactured goods in January, up following two consecutive monthly decreases, increased $7.5 billion or 1.6% to $463.9 billion, the U.S. Census Bureau reported.
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Economic Activity Increased in Most Regions, Fed Beige Book
Washington, DC, March 3, 2016—Reports from the twelve Federal Reserve Districts continued to indicate that economic activity expanded in most Districts since the previous report, according to the Federal Reserve’s Beige Book for February 2016.
Productivity Falls 2.2% in Q4 2015; Unit Labor Costs Rise 3.3%
Washington, DC, March 3, 2016—Nonfarm business sector labor productivity decreased at a 2.2% annual rate during the fourth quarter of 2015, the U.S. Bureau of Labor Statistics has reported, as output increased 1.0% and hours worked increased 3.2%.
EPO To Grant Innovations4Flooring's Patent for 3L TripleLock Innovation
Willemstad, CW, March 3, 2016—Innovations4Flooring has received an intention to grant letter from the European Patent Office for a divisional patent application, published as EP 2 719 845, relating to its 3L TripleLock innovation.
February Non-Manufacturing Index Reports Slowed but Positive Growth
Tempe, AZ, March 3, 2016—The Institute for Supply Management Non-Manufacturing Business Survey registered 53.4% in February, 0.1 percentage point lower than the January reading of 53.5%.
Shaw & J+J Win Coosa River Basin Initiative Greenie Awards
Rome, GA, March 3, 2016—The Coosa River Basin Initiative has named two flooring businesses among the winners of its second annual Greenie Awards. The winners will be recognized April 14 at the organization’s Green Gala.
Associated Builders and Contractors Honors David Allen Company
Fort Lauderdale, FL, March 3, 2016—Associated Builders and Contractors has named David Allen Company of Raleigh, North Carolina its 2015 Contractor of the Year.
Private Sector Added 214,000 Jobs in February
Roseland, NJ, March 2, 2016—Private sector employment increased by 214,000 jobs from January to February according to the February ADP National Employment Report.
Three Women at Shaw Industries to Receive Manufacturing STEP Award
Dalton, GA, March 2, 2016—The Manufacturing Institute will award Shaw Industries’ Kim Seiko, LaRuthie Mason, and Erika Swartz with the Women in Manufacturing STEP Award.
Construction Spending Posted Strong Advances in January, AGC
Arlington, VA, March 2, 2016—Construction spending soared in January from a month earlier and all major segments posted hefty year-over-year gains, according to an analysis by the Associated General Contractors of America.