Mohawk's Posts 6.7% Sales Decline in Q1, Earnings Down 67%
Calhoun, GA, April 28, 2023—Mohawk reported net sales of $2.8 billion for Q1 2023, a 6.7% decline compared to sales of $3.0 billion in Q1 2022.
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.
CARE Names 2023 Persons of the Year
Orlando, FL, April 28, 2023-At its meeting in Orlando this week, CARE named its persons of the year for 2023.
NTCA Names 2023 Tile Person of the Year
Jackson, MS, April 28, 2023—National Tile Contractors Association (NTCA) presented its Tile Person of the Year award to Joe and Wendi Kerber of Kerber Tile, Marble & Stone at Coverings 2023 in Orlando, Florida.
Consumer Sentiment Rose 2.4% in April
Ann Arbor, MI, April 28, 2023—Consumer sentiment rose 2.4% in April to 63.5, according to final results from the University of Michigan Survey of Consumers.
Personal Income Rose 0.3% in March, Spending Virtually Flat
Washington, DC, April 28, 2023—Personal income increased $67.9 billion (0.3%) in March, according to estimates released by the Bureau of Economic Analysis.
Mobile Marketing Rolls Out Sample Ordering Program for NFA
Pottstown, PA, April 28, 2023—At the recent spring meeting of the National Flooring Alliance (NFA), Mobile Marketing announced a comprehensive new floor sample ordering program for NFA members.
Q1 GDP Rose 1.1%
Washington, DC, April 27, 2023-Real gross domestic product (GDP) increased at an annual rate of 1.1% in Q1 2023, according to the advance estimate released by the Bureau of Economic Analysis. In Q4, real GDP increased 2.6%.
Pending Home Sales Index Declined 5.2% to 78.9 in March
Washington, DC, April 27, 2023—The Pending Home Sales Index waned by 5.2% to 78.9 in March, according to the National Association of Realtors.
Initial Jobless Claims Declined by 16,000 in Week Ending April 22
Washington, DC, April 27, 2023—In the week ending April 22, the advance figure for seasonally adjusted initial claims was 230,000, a decrease of 16,000 from the previous week's revised level, according to the Department of Labor.
NTCA Announces Training Schedule for May 2023
Flowood, MS, April 27, 2023—National Tile Contractors Association (NTCA) trainers will be out in force in May, bringing 20 three-hour workshops and four full-day regional training events.