Producer Prices Inched Down 0.1% in February
Washington, DC, March 15, 2023—The Producer Price Index for Final Demand decreased 0.1% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
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Mortgage Applications Rose 6.5% in Week Ending March 10
Washington, DC, March 15, 2023—Mortgage applications increased 6.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 10, 2023.
HMTX Cares Fundraiser Exceeds Goal
Norwalk, CT, March 15, 2023-HMTX Cares, a charity organization created by HMTX Industries that raises money for fighting addiction and co-occurring mental illness, held a fundraiser on March 9 at its headquarters, dubbed the House Up On The Hill, in Norwalk, Connecticut.
Distributive Trade Sales & Manu. Shipments Up 1.5% in January
Washington, DC, March 15, 2023—The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,847.5 billion, up 1.5% from December 2022 and up 5.0% from January 2022, according to the U.S. Census Bureau.
Inflation Cooled to 6% in February
Washington, DC, March 14, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in February on a seasonally adjusted basis, after increasing 0.5% in January, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 6.0% before seasonal adjustment.
Välinge and Bjelin Merge Under Bjelin Brand Name
Stockholm, Sweden, March 14, 2023-Välinge and Bjelin have merged to form one company under the Bjelin brand.
NFIB Small Business Optimism Index Rose to 90.9 in February
Washington, DC, March 14, 2023—The NFIB Small Business Optimism Index increased 0.6 points in February to 90.9 but remains below the 49-year average of 98.
Michel Vermette Named CEO of America’s Floor Source
Columbus, OH, March 13, 2023-Michel Vermette has been named CEO and CFO of America’s Floor Source.
Fred Essis, CEO of Essis and Sons, Has Died
Lewisburg, PA, March 14, 2023-Fred Essis, 82, president and CEO of Essis and Sons, died March 3.
Roth MKM Releases Survey Insights on Millennial Consumer Habits
Newport Beach, CA, March 14, 2023—Roth MKM, an investment bank focused on advising and financing growth companies, announced the release of its 2023 Millennial Survey, a proprietary survey examining current trends, spending patterns and favorite brands across eight consumer categories.