Producer Prices Rose 0.3% in October
Washington, DC, November 13, 2020-The Producer Price Index for final demand advanced 0.3% in October, seasonally adjusted, 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.
Dave Gheesling, Co-Founder of FloorExpo, Dies at 53
Atlanta, GA, November 12, 2020-Dave Gheesling, CEO of FEI Group, died November 11 at age 53.
Piet Dossche Retires Day to Day, Transitions to Shaw Board of Directors
Dalton, GA November 11, 2020-Shaw Industries announces the retirement of Piet Dossche from his day-to-day management responsibilities at the company, effective December 31.
Scott Sandlin Restructures Shaw's Residential Management Team
Dalton, GA, November 11, 2020-Scott Sandlin, executive vice president of Shaw Industries’ residential business, has restructured his team.
Pandemic Drives Demand for Expensive Homes
New York, NY, November 12, 2020-The pandemic has ignited demand for expensive homes, which offer more square footage and features such as outdoor space, reports the Wall Street Journal.
Consumer Prices Hold Steady in October
Washington, DC, November 12, 2020-The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October on a seasonally adjusted basis after rising 0.2% in September, the U.S. Bureau of Labor Statistics reported.
Interface Launches New Carbon-Sequestering Carpet Backing
Atlanta, GA, November 12, 2020-Interface recently introduced the world’s first carbon negative carpet tile; to achieve this milestone, Interface has transformed key manufacturing facilities and incorporated new materials to create its new CQuest backings line, which includes a new carpet backing that stores more carbon than any before.
Jobless Claims Decreased to 709K in First Week of November
Washington, DC, November 12, 2020—In the week ending November 7, the advance figure for seasonally adjusted initial claims was 709,000, a decrease of 48,000 from the previous week's revised level, according to the Department of Labor.
2021 HD Expo Postponed Until August
Las Vegas, NV, November 11, 2020—In light of continued concerns surrounding the COVID-19 pandemic, including travel restrictions both domestically and internationally, as well as the current government restrictions and limitations on large group gatherings, the Hospitality Design team has made the decision to postpone the annual HD Expo + Conference until August 2021.
Julian Dossche Named President of Huali USA
Dalton, GA, November 11, 2020-Julian Dossche has been named president of Huali USA.