Galleher Recognized with FSC-U.S. Leadership Award
Santa Fe Springs, CA, November 3, 2023—Distributor Galleher has been recognized for its dedication to the promotion and sale of FSC-certified wood flooring products for over 15 years.
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.
Employment Rose by 150K in October, Unemployment Little Changed
Washington, DC, November 3, 2023-Total nonfarm payroll employment increased by 150,000 in October, and the unemployment rate changed little at 3.9%, the U.S. Bureau of Labor Statistics reported.
NRF Forecasts Holiday Spending to Rise in 2023
Washington, DC, November 3, 2023—The National Retail Federation forecast that holiday spending is expected to reach record levels during November and December and will grow between 3% and 4% over 2022 to between $957.3 billion and $966.6 billion.
Fed Extends Rate Hike Pause
Washington, DC, November 2, 2023—"Federal Reserve Chair Jerome Powell hinted the central bank might be done raising interest rates for now but was careful not to rule out another increase after officials extended a pause in hikes,” reports the Wall Street Journal.
Shaw's Baucom and Bell Named to Georgia 500 List
Dalton, GA, November 2, 2023-Shaw Industries announces the inclusion of president and CEO Tim Baucom and Vance Bell, former CEO and current chairman of the board, in Georgia Trend magazine's Georgia 500 list.
Schönox Presents Two Smooth Performer Awards
Charleston, SC, November 2, 2023—Schönox HPS North America presented William M. Bird and East Bay Supply Company, both members of the Southern Diversified Distributors family of companies, with the Schönox Smooth Performer Award.
Labor Productivity Rose 4.7% in Q3
Washington, DC, November 2, 2023-Nonfarm business sector labor productivity increased 4.7% in Q3 2023, the U.S. Bureau of Labor Statistics reported, as output increased 5.9% and hours worked increased 1.1%.
Inside Edge Named to Minneapolis St. Paul Fast 50 List
Eagan, MN, November 2, 2023—Inside Edge Commercial Interior Services announced its recognition as ranking fifth on the Fast 50 List by the Minneapolis St. Paul Business Journal for 2023.
Mid Atlantic Floor Covering Assoc. Names Winners of 2023 Golf Event
Fredericksburg, VA, November 2, 2023—Mid Atlantic Floor Covering Association announced the winners of its tournament, held October 26 at the Whiskey Creek Golf Club in Ijamsville, Maryland.
Orders for Manufactured Goods Rose 2.8% in September
Washington, DC, November 2, 2023—New orders for manufactured goods in September, up six of the last seven months, increased $16.1 billion or 2.8% to $601.5 billion, the U.S. Census Bureau reported.