Wood Flooring Exports from China Dropped 19% in 2020
Washington, DC, May 14, 2021--The value of wood flooring exports from China dropped 19% to $120 million in 2020, reports the Decorative Hardwoods Association.
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New Home Costs Rise Due to High Price of Lumber
Providence, RI, Apr. 26--Piecing together a house is getting more expensive for builders this spring as prices rise on construction materials, according to the Providence Journal.
Distributive Trade Sales Rose 5.7% in March
Washington, DC, May 14, 2021—The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,638.2 billion, up 5.7% from February 2021 and was up 18.5% from March 2020, according to the U.S. Census Bureau.
Interface Q1 Sales Slid 12%, Earnings Improved
Atlanta, GA, May 7, 2021—Interface reported Q1 net sales of $253 million, down 12% versus $288 million in the prior year period.
NYCxDESIGN and Caesarstone Name IMPACTxDESIGN Winners
New York City, NY, May 14, 2021—NYCxDESIGN and Caesarstone are pleased to announce the winning designers of IMPACTxDESIGN, an inaugural competition to showcase how design can enhance public space and foster engagement in New York City.
U.S. Tariffs Drive Decline in Chinese Imports, Including Flooring
Chattanooga, TN, May 13, 2021-U.S. tariffs have led to a sharp decline in Chinese imports, according to the Wall Street Journal, with the flooring industry seeing a significant decrease in Chinese imports in every category except LVT.
Producer Prices Rose 0.6% in April
Washington, DC, May 13, 2021-The Producer Price Index for final demand increased 0.6% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
IFI Announces Jury Members for Global Awards Program
New York, NY, May 13, 2021-The International Federation of Interior Architects/Designers (IFI) has announced the jury members who will determine the winners of its 2021 edition of the Global Awards Program (IFI GAP).
Jobless Claims Hit Lowest Level Since Pandemic Began
Washington, DC, May 13, 2021-In the week ending May 8, the advance figure for seasonally adjusted initial claims was 473,000, a decrease of 34,000 from the previous week's revised level, according to the Department of Labor. This is the lowest level for initial claims since March 14, 2020 when it was 256,000.
M. Arthur Gensler, Founder of Architecture Firm Gensler, Has Died
San Francisco, CA, May 11, 2021-M. Arthur Gensler, Jr., founder of the world’s largest architecture firm, has died. He was 85.