U.S. Seeks to Curb Russian Wood Imports with Tariffs
Washington, DC, March 25, 2022-- The U.S. House of Representatives passed legislation that would end normal trade relations with Russia, reports the Decorative Hardwoods Association.
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.
March Consumer Sentiment Down 5.4% to 59.4 on Inflation Concerns and Russian War
Ann Arbor, MI, March 25, 2022—Consumer sentiment declined 5.4% to 59.4, according to final results from the University of Michigan Survey of Consumers.
Broadlume Acquires Banaboom
Sarasota, FL, March 25, 2022—Broadlume—parent company of FloorForce, Creating Your Space, FlooringStores.com, Retail Lead Management (RLM), and RollMaster—has acquired flooring software company Banaboom.
Emser Named a 2022 Top Workplace by Energage
Santa Monica, CA, March 25, 2022—Emser Tile has been awarded a 2022 Top Workplaces USA national award by Energage, a technology company.
Shaw Announces Price Increase on Carpet & Cushion
Dalton, GA, March 24, 2022—With the resulting continued escalation of raw materials and other operating costs, Shaw Industries will increase prices on residential carpet, commercial carpet, mainstreet carpet and cushion up to 8%.
BASF Announces Third Caprolactam & PA6 Price Increase of 2022
Wyandotte, MI, March 24, 2022-Effective April 1, or as contracts allow, BASF will increase prices for caprolactam and polyamide 6 (PA6) by $0.14 per pound in North America.
Initial Jobless Claims Hit 52-Year Low in Week Ending March 19
Washington, DC, March 24, 2022-In the week ending March 19, the advance figure for seasonally adjusted initial claims was 187,000, a decrease of 28,000 from the previous week's revised level, according to the Department of Labor.
Details of 2022 HD Expo + Conference Announced
Las Vegas, NV, March 24, 2022—HD Expo + Conference returns to the Mandalay Bay Convention Center April 26 to 28.
Durable Goods Orders Down 2.2% in February
Washington, DC, March 24, 2022—New orders for manufactured durable goods in February decreased $6.0 billion or 2.2% to $271.5 billion, the U.S. Census Bureau announced.
Architecture Billings Rose to 51.3 in February
Washington, DC, March 23, 2022—The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for February was 51.3, up from a score of 51.0 in January. Any score above 50 indicates an increase in billings.