Productivity Decreased 4.2% in Q4 2020
Washington, DC, March 4, 2021—Nonfarm business sector labor productivity decreased 4.2% in the Q4 2020, the U.S. Bureau of Labor Statistics reported, as output increased 5.5% and hours worked increased 10.1%.
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.
Küberit Now a Starnet Preferred Vendor Partner
Florence, AL, March 4, 2021-Küberit is now a Starnet Preferred Vendor Partner.
Orders for Manufactured Goods Up 2.6% in January
Washington, DC, March 4, 2021—New orders for manufactured goods in January, up nine consecutive months, increased $13.1 billion or 2.6% to $509.4 billion, the U.S. Census Bureau reported.
TheMart Reports on Showroom Leasing Ahead of NeoCon 2021
Chicago, IL, March 4, 2021-TheMart is pleased to announce that 11 leading manufacturers have established new showrooms and 19 other existing tenants have renewed or expanded their spaces ahead of NeoCon 2021.
Cersaie Reports on 2021 Event
Bologna, IT, March 4, 2021-Cersaie will be back in the Bologna Exhibition Centre from September 27 to October 1.
Initial Unemployment Claims Rose by 9,000 in Last Week of Feb.
Washington, DC, March 4, 2021—In the week ending February 27, the advance figure for seasonally adjusted initial claims was 745,000, an increase of 9,000 from the previous week's revised level, according to the Department of Labor.
Fuse Announces Member, Supplier & Spark Awardwinners
Laguna Niguel, CA, March 3, 2021-The Fuse Alliance Awards were held March 2, during the group’s annual meeting.
LL Flooring Sales Rose 11.1% in Q4 & 0.5% for the Year
Richmond, VA, March 3, 2021-LL Flooring, formerly Lumber Liquidators, reported Q4 2020 net sales increased 11.1% to $304.2 million, compared to Q4 2019’s $274 million.
NAHB Reports on Suburban Shift in Home Building
Washington, DC, March 3, 2021—The suburban shift in home building to meet growing buyer preferences for lower density, lower cost markets stemming from the Covid-19 pandemic that was first reported in the second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) has continued throughout the rest of 2020.
Mortgage Applications Rose by 0.5% in Final Week of February
Washington, DC, March 3, 2021—Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 26, 2021.