Personal Income Rose 0.2% in December, Spending Declined 0.2%
Washington, DC, January 27, 2023—Personal income increased $49.5 billion (0.2%) in December, according to estimates by the Bureau of Economic Analysis.
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.
Surteco Forms License Agreement with Unilin
Waregem, Belgium, January 27, 2023—Unilin Technologies has entered into a license agreement with Surteco, which allows Surteco to use roll-to-roll digital printing technologies from Unilin’s patent portfolio.
Torlys Celebrating 35 of Business While at Surfaces
Toronto, ON, January 27, 2023-Torlys is gearing up to celebrate its 35th milestone anniversary by showcasing its latest flooring innovations and continued commitment to Making Flooring Better at the International Surface Event (TISE).
GDP Rose 2.9% in Q4
Washington, DC, January 26, 2023—Real gross domestic product (GDP) increased at an annual rate of 2.9% in Q4 2022, according to the advance estimate released by the Bureau of Economic Analysis.
New Home Sales Rose 2.3% in December
Washington, DC, January 26, 2023—Sales of new single-family houses in December 2022 were at a seasonally adjusted annual rate of 616,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 2.3% above the revised November rate of 602,000 and 26.6% below the December 2021 estimate of 839,000.
Tina Wicander Crossland Has Purchased WE Cork
Exeter, NH, January 26, 2023-WE Cork-provider of cork flooring, underlayment, wall coverings, and accessories-has announced the purchase of the company by Tina (Wicander) Crossland.
Initial Jobless Claims Declined by 6,000 in Week Ending January 21
Washington, DC, January 26, 2023—In the week ending January 21, the advance figure for seasonally adjusted initial claims was 186,000, a decrease of 6,000 from the previous week's revised level, according to the Department of Labor.
Live Ventures Equity Firm Acquires Flooring Liquidators
Las Vegas, NV, January 20, 2023--Live Ventures Inc., a diversified holding company, has acquired the outstanding equity interests of Flooring Liquidators Inc., a leading retailer and installer of floors, carpets and countertops in California and Nevada.
Orders for Manufactured Goods Rose 5.6% in December
Washington, DC, January 26, 2023-New orders for manufactured durable goods in December, up four of the last five months, increased $15.3 billion or 5.6% to $286.9 billion, the U.S. Census Bureau announced.
CARE Adds Five Additional Recycling Drop-Off Sites in CA
Dalton, GA, January 26, 2023-CARE has reached the convenient collection goals set for 2022 by CalRecycle with the addition of these recycling drop-off sites: