Producer Prices Rose 0.7% in August
Washington, DC, September 14, 2023—The Producer Price Index for final demand increased 0.7% in August, seasonally adjusted, after rising 0.4% in July, 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.
Domotex Featuring Sustainability Focus for Second Year
Hannover, DE, September 14, 2023-The upcoming event, which takes place from January 11 to 14, 2024, will once again focus on sustainability, circular economy and environmental protection in the carpet and flooring industry.
Flor Celebrating 20 Years, Launches Celebratory Collection
Atlanta, GA, September 14, 2023-Flor, an area rug brand for homes, offices, and every space in between, announces the launch of Heritage Collection by Flor, created to honor and celebrate the brand’s 20th anniversary.
Initial Jobless Claims Rose by 3,000 in Week Ending September 9
Washington, DC, September 14, 2023—In the week ending September 9, the advance figure for seasonally adjusted initial claims was 220,000, an increase of 3,000 from the previous week's revised level, according to the Department of Labor
NAR Reports on Top Factors Limiting Prospective Homebuyers
Washington, DC, September 14, 2023—The current real estate market's high home prices and mortgage rates, as well as limited inventory, are the top reasons that Realtors and prospective homebuyers across races and ethnicities cite as barriers to purchasing a home, according to two new reports from the National Association of Realtors.
Distrib. Trade Sales & Manufacturer Shipment Rose 0.6% in July
Washington, DC, September 14, 2023-The combined value of distributive trade sales and manufacturers’ shipments for July was estimated at $1,828.4 billion, up 0.6% from June 2023, but was down 1.2% rom July 2022.
Shaw Industries' Core Residential Brands Will Not Exhibit at Surfaces 2024
Dalton, GA, September 13, 2023-Shaw Industries will not exhibit its core residential brands at Surfaces 2024.
Inflation Rose 0.6% in August, Up 3.7% Over Last 12 Months
Washington, DC, September 13, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6% in August on a seasonally adjusted basis, after increasing 0.2% in July, the U.S. Bureau of Labor Statistics reported, driven by gasoline prices.
U.S. Ceramic Consumption Declined 4.7% in Q2
Anderson, SC, September 13, 2023—U.S. ceramic tile consumption Q2 2023 YTD was down 4.7% by volume versus Q2 2022 YTD.
Mortgage Applications Declined 0.8% in Week Ending September 8
Washington, DC, September 13, 2023—Mortgage applications decreased 0.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 8, 2023.