Import Prices Rose 0.7% in November; Export Prices Rose 1.0%
Washington, DC, December 15, 2021—Prices for U.S. imports rose 0.7% in November following a 1.5% increase in October, the U.S. Bureau of Labor Statistics reported.
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.
Mortgage Applications Declined 4% in First Full Week of December
Washington, DC, December 15, 2021—Mortgage applications decreased 4.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 10, 2021.
Shaw Raises $318K for St. Jude at Memphis Marathon Weekend
Dalton, GA, December 15, 2021—On December 4, Shaw celebrated its eighth year running the St. Jude Memphis Marathon Weekend with its largest team ever of 129 Shaw associates, customers, suppliers and partners.
Distributive Trade Sales & Manufacturer Shipment Roes 2.1% in Oct.
Washington, DC, December 15, 2021—The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,709.1 billion, up 2.1% from September 2021 and up 16.7% from October 2020, according to the U.S. Census Bureau.
HMTX Announces Domestic LVT Manufacturing Facility in Pennsylvania
Pittston, PA, December 14, 2021-HMTX Industries will open a luxury vinyl tile manufacturing facility in Pittston, Pennsylvania.
Producer Prices Rose 0.8% in November
Washington, DC, December 14, 2021—The Producer Price Index for final demand increased 0.8% in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Small Business Optimism Inched Up in November
Washington, DC, December 24, 2021—The NFIB Small Business Optimism Index increased slightly in November by 0.2 points to 98.4.
BASF Increasing MDI Capacity at Louisiana Plant
Wyandotte, MI December 14, 2021—The implementation of the methylene diphenyl diisocyanate (MDI) capacity increase program for BASF’s Verbund site in Geismar, Louisiana is progressing on schedule.
NeoCon Now Accepting Submissions for 2022 Programming
Chicago, IL, December 14, 2021—NeoCon’s submission for presentations for NeoCon 2022 Programming is now open. This programming will be running virtually and onsite at NeoCon 2022 in June, as well as virtually and onsite throughout the year.
PE Firm ADV Partners Invests in CFL
Calhoun, GA, December 13, 2021- The founders of CFL Flooring (Creative Flooring Solutions), a producer of stone polymer core (SPC) and other multilayer flooring new materials, have decided to let external private equity (PE) investors join CFL in order to prepare the company for the next growth sprint all the while keeping a strong overall majority ownership.