Import Prices Declined 1.4% in July, Export Prices Down 3.3%
Washington, DC, August 12, 2022— U.S. import prices decreased 1.4% in July, after advancing 0.3% in June, the U.S. Bureau of Labor Statistics reported.
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Producer Prices Declined 0.5% in July
Washington, DC, August 11, 2022-The Producer Price Index for final demand fell 0.5% in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
CCA Finalizes Details of Retail 2.0 Merchandising Program
Nashville, TN, August 11, 2022-The main focus for CCA Global’s summer convention, which ended yesterday in Nashville, Tennessee, is the group’s Retail 2.0 initiative. In development since 2019 and piloted for the last 18 months, the new merchandising program will begin shipping in March to members who buy into the program, culminating in Q1 2024.
Inside Edge & CI Flooring Form Partnership
Eagan, MN, August 11, 2022-CI Flooring and Inside Edge Commercial Interior Services have entered into a partnership.
Initial Jobless Claims Rose by 14,000 in Week Ending August 6
Washington, DC, August 11, 2022-In the week ending August 6, the advance figure for seasonally adjusted initial claims was 262,000, an increase of 14,000 from the previous week's revised level, according to the Department of Labor.
Crossville Recognized as Eco-Leader by Green Builder Media
Crossville, TN, August 11, 2022—Crossville Inc. recently was recognized as an Eco-Leader by Green Builder Media.
CCA Donates $50,000 to FCEF
Nashville, TN, August 11, 2022-During the closing event of CCA Global Partners summer convention at the Grand Ole Opry in Nashville, the company announced a $50,000 donation to Floor Covering Education Foundation (FCEF), a non-profit dedicated to attracting a new generation of flooring craftsman and installers.
Consumer Prices Flat in July but Remain at High Level
Washington, DC, August 10, 2022-The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3% in June, the U.S. Bureau of Labor Statistics reported.
Spain Led in Ceramic Imports to the U.S. in June
New York, NY, August 10, 2022—In the month of June, Spain returned to first place in ceramic tile imports with four million square meters, followed by Italy (3.3 million square meters), Mexico (2.95 million square meters), Turkey (2.5 million square meters), India (2.2 million square meters), and Brazil (two million square meters), according to Grosser Consulting.
Current Recession to Last 3 to 4 Quarters, Says ITR Economics
Nashville, TN, August 10, 2022-Connor Lokar, an economist with ITR Economics, reported at to the audience at the CCA Global Convention in Nashville, Tennessee that the U.S. is, indeed, in a recession.