Labor Productivity Rose 6.6% in Q4
Washington, DC, March 3, 2022—Nonfarm business sector labor productivity increased 6.6% in Q4 2021, the U.S. Bureau of Labor Statistics reported, as output increased 9.1% and hours worked increased 2.4%.
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.
Emser Launches Visualizer & Instagram Contest
Los Angeles, CA, March 3, 2022-Emser Tile has launched its Emser Tile Visualizer, which delivers a fast and easy way to realistically see how tile can transform an environment.
Shaw's Laura Smith Named STEP Ahead Award Honoree
Dalton, GA, March 3, 2022—The Manufacturing Institute—the workforce development and education partner of the National Association of Manufacturers—announced it will recognize Laura Smith, director of SIOP (Sales, Inventory and Operations Planning) at Shaw, as a STEP Ahead Award Honoree at its annual awards ceremony in April.
Jobless Claims Decided by 18K to 215K in Week Ending Feb. 26
Washington, DC, March 3, 2022—In the week ending February 26, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 18,000 from the previous week's revised level, reports the Department of Labor.
Mortgage Applications Down Slightly from Previous Week
Washington, D.C., March 2, 2022 - Mortgage applications decreased 0.7% from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending February 25, 2022.
Oil Prices Hit Multi-Year High at More than $110 Per Barrel
New York, NY, March 2, 2022 - Benchmark global oil prices surged above $110 a barrel on March 2, hitting a multiyear high, as concern mounted that Russia’s invasion of Ukraine would disrupt global energy supplies, The Wall Street Journal reports.
The Dixie Group Shares Nylon Strategy with Customers
Dalton, GA, March 2, 2022 - Following Invista's announcement of its intention to exit the nylon fiber business, The Dixie Group president T.M. Nuckols sent a letter to customers to share Dixie's strategy for moving forward.
Starnet Names Sales 'Dream Team' Winners
Lewis Center, OH, March 2, 2022 - Starnet has named the winners of its 2022 Starnet Dream Team, honoring selling teams that not only achieve success but model a collaborative approach.
Private-Sector Employment Adds 475,000 Jobs in February
Roseland, NJ, March 2, 2022 - Private-sector employment grew by 475,000 jobs in February, according to the February ADP employment report released March 2.
Myers Carpet Company Plans Move to Larger Atlanta Location
Dalton, GA, March 2, 2022 - Myers Carpet Company has purchased an 88,000-square-foot building to renovate for its Atlanta, Georgia location. It will be three times the size of the current location.