Mannington Names John Hammel Senior Director, Wood and Laminate
Salem, NJ, November 24, 2021––Mannington Mills announced has hired John Hammel as senior director, wood and laminate business.
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.
Q3 GDP Increased to 2.1% in Second Estimate
Washington, DC, November 24, 2021-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q3, according to the second estimate released by the Bureau of Economic Analysis.
Consumer Sentiment Slid 6.0% in November to 67.4
Ann Arbor, MI, November 24, 2021-November consumer sentiment fell 6.0% to 67.4, according to final results from the University of Michigan Survey of Consumers.
Mortgage Applicatons Rose 1.8% in Third Week of November
Washington, DC, November 24, 2021-Mortgage applications increased 1.8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 19, 2021.
Personal Income Rose 0.5% in October, Spending Rose 1.3%
Washington, DC, November 24, 2021—Personal income increased $93.4 billion (0.5%) in October according to estimates released by the Bureau of Economic Analysis.
E-commerce Sales Slower as Consumers Return to Brick-and-Mortar Stores
New York, NY, November 24, 2021-Consumers are spending freely on sporting goods and kitchen appliances, but they are doing more of their shopping in stores than they did last year when Covid-19 restrictions upended the holiday shopping season, reports the Wall Street Journal.
Orders for Durable Goods Slid 0.5% in October
Washington, DC, November 24, 2021-New orders for manufactured durable goods in October decreased $1.2 billion or 0.5% to $260.1 billion, the U.S. Census Bureau announced.
Initial Jobless Claims Fell 71K to 199,000 in Third Week of November
Washington, DC, November 24, 2021-In the week ending November 20, the advance figure for seasonally adjusted initial claims was 199,000, a decrease of 71,000 from the previous week's revised level, according to the Department of Labor.
AFA Presents Scholarship to Dalton State Student Ivan Espitia
Dalton, GA, November 24, 2021-Ivan Espitia, a bachelor of science, chemistry student with an industry concentration, wrote the winning essay about Amcor Plastics that won him $1,500 toward his education at Dalton State College.
RFCI Reports on Annual Board Meeting
La Grange, GA, November 23, 2021—The Resilient Floor Covering Institute (RFCI), the trade association representing the interests of 22 member resilient flooring manufacturers, gathered in Scottsdale, Arizona, for its two-day annual board of directors meeting, October 26 to 27.