SIXmm To Open Warehouse Near Atlanta
Atlanta, GA, December 15, 2023-SIXmm, a provider of large-format porcelain, sintered stone, and ultra-compact surfaces, will open a 50,000 square foot warehouse near Atlanta, Georgia.
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.
Retail Sales Rose 4.1% YOY in November
Washington, DC, December 14, 2023—Advance estimates of U.S. retail and food services sales for November 2023 were $705.7 billion, up 0.3% from the previous month and up 4.1% above November 2022, according to the U.S. Census Bureau.
Construction Material Prices Declined 0.3% in November
Washington, DC, December 14, 2023—Construction input prices decreased 0.3% in November compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data.
Import Prices Declined 0.4% in November, Export Prices Down 0.9%
Washington, DC, December 14, 2023—Prices for U.S. imports decreased 0.4% in November following a 0.6% decline the previous month, the U.S. Bureau of Labor Statistics reported.
Fed Shifts Focus to Preventing Recession As Well As Beating Inflation
New York, NY, December 14, 2023-"The Federal Reserve has two mandates: lower inflation and prevent recession,” reports the Wall Street Journal. “For two years, though, it behaved as if only the first mattered, raising interest rates so steeply that it knew it was courting recession.
Initial Jobless Claims Declined by 19,000 in Week Ending Dec. 9
Washington, DC, December 14, 2023—In the week ending December 9, the advance figure for seasonally adjusted initial claims was 202,000, a decrease of 19,000 from the previous week's revised level, according to the Department of Labor.
Distrib. Trade Sales & Manu. Shipments Down 1.0% in October
Washington, DC, December 14, 2023—The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,856.2 billion, down 1.0% from September 2023 and was down 0.2% from October 2022, according to the U.S. Census Bureau.
Producer Prices Unchanged in November After Declining in October
Washington, DC, December 13, 2023—The Producer Price Index for final demand was unchanged in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Mortgage Applications Rose 7.4% in Week Ending December 8
Washington, DC, December 13, 2023-Mortgage applications increased 7.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 8, 2023.
J+J Holds Seventh Annual Helping Hands Event
Dalton, GA, December 13, 2023—Each November and December, J+J Flooring’s annual Helping Hands initiative engages designers and flooring professionals who team up and create festive Christmas trees based on different motifs chosen by kids.