Mohawk Introduced New Digital Tools at 2022 Edge Summit
Nashville, TN, December 16, 2022-Mohawk’s Edge Summit welcomed 425 dealers to Nashville, Tennessee this week.
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.
Bruce Odette of Carpet Exchange Named Mohawk's Top Retailer of 2022
Nashville, TN, December 15, 2022—Mohawk named the eight finalists for its retailer of the year award at a luncheon at the Opryland Gaylord on December 14 during its Edge Summit. The winner, Bruce Odette of Denver, Colorado-based Carpet Exchange, was named during the final party that evening.
Retail Sales Rose 6.5% YOY in November, Down Slightly from Oct.
Washington, DC, December 15, 2022-Advance estimates of U.S. retail and food services sales for November 2022 were $689.4 billion, down 0.6% from the previous month but up 6.5% above November 2021, according to the U.S. Census Bureau.
Initial Jobless Claims Declined by 20,000 in Week Ending Dec. 10
Washington, DC, December 15, 2022—In the week ending December 10, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 20,000 from the previous week's revised level, according to the Department of Labor.
Non-Residential Building Material & Service Costs Rose 10.1% in Nov.
Washington, DC, December 15, 2022-The price of materials and services used in nonresidential construction continued rising at a double-digit rate in November from a year earlier, propelled by outsized increases in the cost of a variety of building materials, according to an analysis by the Associated General Contractors of America of government data.
Industrial Production Declined 0.2% in November
Washington, DC, December 15, 2022—Industrial production declined 0.2% in November, according to the Federal Reserve.
KBIS 2023 Registration Numbers Pacing 23% Over 2020 Event Levels
Bethlehem, PA, December 15, 2022—The 2023 Kitchen & Bath Industry Show (KBIS) attendee registration numbers for 2023 are pacing significantly above pre-2020 levels when the show was last held in Las Vegas.
Mortgage Applications Rose 3.2% in Week Ending December 9
Washington, DC, December 14, 2022—Mortgage applications increased 3.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 9, 2022.
Distrib. Trade Sales & Manufacturer Shipments Rose 0.8% in Oct.
Washington, DC, December 15, 2022—The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,859.5 billion, up 0.8% from September 2022 and was up 10.1% from October 2021, according to the U.S. Census Bureau.
Lorberbaum Offers 2023 Outlook at Edge Summit
Nashville, TN, December 14, 2022-Jeff Lorberbaum, CEO of Mohawk, spoke to the 800 retailer attendees at the Nashville, Tennessee Edge Summit.