Seth Gladden Launches The Gladden Group
Chattanooga, TN, May 16, 2024—Seth Gladden, the former head of marketing for Taylor Adhesives and the Flooring Division of Meridian Adhesives Group, announces the launch of his agency, the Gladden Group.
Today's Flooring News
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Consumer Prices Rose 3.4% in April YOY
Washington, DC, May 15, 2024-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in April on a seasonally adjusted basis, after rising 0.4% in March, the U.S. Bureau of Labor Statistics reported.
Retail Sales Virtually Unchanged in April
Washington, DC, May 15, 2024—Advance estimates of U.S. retail and food services sales for April 2024 were $705.2 billion, virtually unchanged from the previous month but up 3.0% above April 2023, according to the U.S. Census Bureau.
Builder Confidence Declined 6 Points to 45 in May
Washington, DC, May 15, 2024—Builder confidence in the market for newly built single-family homes was 45 in May, down six points from April, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Construction Input Prices Rose 0.5% in April
Washington, DC, May 15, 2024—Construction input prices increased 0.5% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data.
Anatolia Earns Platinum in Canada’s Best Managed Companies
Vaughan, ON, May 15, 2024-Anatolia was recognized for its performance, its global business practices, and its sustained growth by receiving the 2024 Platinum Status in Canada’s Best Managed Companies program.
Mortgage Applications Rose 0.5% in Week Ending May 10
Washington, DC, May 15, 2024—Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2024.
Distrib. Trade Sales & Manu. Shipments Down 0.1% in March
Washington, DC, May 15, 2024-The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,858.0 billion, down 0.1% from February 2024 and was up 2.1% from March 2023, according to the U.S. Census Bureau.
Home Depot Sales Down 2.3% YOY in Q1, Earnings Down 7%
Atlanta, GA, May 14, 2024-The Home Depot reported sales of $36.4 billion for Q1 2024, a decrease of 2.3% from Q1 2023’s $37.3 million.
Live Ventures Sales Rose 30.2% in Q1, Largely Due to Acquisitions
Las Vegas, NV, May 14, 2024-Live Ventures-owner of Marquis Industries and Flooring Liquidators-reported net revenue of $118.6 million for Q1 2024, a 30.2% increase compared to $91.1 million in the prior year period.