Import Prices Rose 2.6% in March; Exports Up 4.5%
Washington, DC, April 14, 2022—Prices for U.S. imports advanced 2.6% in March following a 1.6% increase in February and a 2.0% rise in January, the U.S. Bureau of Labor Statistics reported today.
Today's Flooring News
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Mortgage Applications Declined 1.3% in Week Ending April 8
Washington, DC, April 14, 2022—Mortgage applications decreased 1.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 8, 2022.
Confindustria Ceramica Names Soho Studio Distributor of the Year
New York, NY, April 14, 2022—Each year, Confindustria Ceramica (the Italian Association of Ceramics) recognizes a tile distributor for its achievements and contributions to the Italian ceramic industry in the North American market; now in its 26th edition, Ceramics of Italy is thrilled to honor New York-based company Soho Studio with the 2022 North American Distributor Award.
Wood Floor of the Year Winners Announced at NWFA Expo
Tampa, FL, April 13, 2022—At the National Wood Flooring Association (NWFA) expo, underway now in Tampa, Florida at the Tampa Convention Center, the organization announced its Wood Floor of the Year award winners.
Producer Prices Rose 1.4% in March
Washington, DC, April 13, 2022—The Producer Price Index for final demand increased 1.4% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported
Investors Continue Homebuying Frenzy, a Boon to Builders
New York, NY, April 13, 2022—Investors who buy and then rent new homes are fast becoming a favorite customer of the homebuilder industry, reports the Wall Street Journal.
NTCA Names 2022 Five-Star Project of the Year Winners
Las Vegas, NV, April 13, 2022—The National Tile Contractors Association (NTCA) awarded four NTCA Five-Star Project of the Year awards to NTCA Five-Star Contractor members during a live awards ceremony on April 7 at the Coverings trade show, which was held in Las Vegas, Nevada.
Record Amount of Commercial Space to Open Up This Year
New York, NY, April 13, 2022—A record amount of U.S. office space is hitting the market this year due to a jump in lease expirations, putting property owners in a bind and threatening to leave banks and other lenders stuck with more troubled loans, reports the Wall Street Journal.
Emser Wins Two Comparably Awards for Second Year
Los Angeles, CA, April 13, 2022-For the second year, Emser Tile won two 2022 awards from Comparably.com for best operations team and best sales team.
Randy Weis to Be Honored for Charitable Work with Pajama Program
New York, NY, April 13, 2022-On May 5, Randy Weis, president of sales with Diverzify, will be honored in New York City by the Pajama Program, for his many contributions to this non-profit, which works to give children in need a safe and healthy night’s sleep.