Industrial Production Declined 0.2% in November
Washington, DC, December 15, 2022—Industrial production declined 0.2% in November, according to the Federal Reserve.
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.
KBIS 2023 Registration Numbers Pacing 23% Over 2020 Event Levels
Bethlehem, PA, December 15, 2022—The 2023 Kitchen & Bath Industry Show (KBIS) attendee registration numbers for 2023 are pacing significantly above pre-2020 levels when the show was last held in Las Vegas.
Mortgage Applications Rose 3.2% in Week Ending December 9
Washington, DC, December 14, 2022—Mortgage applications increased 3.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 9, 2022.
Distrib. Trade Sales & Manufacturer Shipments Rose 0.8% in Oct.
Washington, DC, December 15, 2022—The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,859.5 billion, up 0.8% from September 2022 and was up 10.1% from October 2021, according to the U.S. Census Bureau.
Lorberbaum Offers 2023 Outlook at Edge Summit
Nashville, TN, December 14, 2022-Jeff Lorberbaum, CEO of Mohawk, spoke to the 800 retailer attendees at the Nashville, Tennessee Edge Summit.
I4F Terminates License Agreement with Shanghai Hanna & Anhui Hanhua
Hamont, Belgium, December 14, 2022—I4F, a group of companies providing patents and technologies to the flooring industry, announced the termination of two license agreements. One with Shanghai Hanna Material Co. Ltd. and the other with Anhui Hanhua Building Materials Technology Co. Ltd.
Import Prices Declined 0.6% in Nov., Exports Prices Declined 0.3%
Washington, DC, December 14, 2022—U.S. import prices decreased 0.6% in November following a 0.4% drop the previous month, the U.S. Bureau of Labor Statistics reported.
Vinyl Sustainability Council Releases 2022 Sustainability Report
Washington, DC, December 14, 2022—The Vinyl Sustainability Council (VSC), a self-funded business council advancing sustainability in the vinyl industry, released the 2022 edition of its annual sustainability report, titled Connecting Our Industry to Reach Our Potential.
Second Mohawk Edge 2022 Meeting Underway Now in Nashville
Nashville, TN, December 13, 2022-The second Mohawk Edge meeting began yesterday in Nashville, Tennessee at the Opryland Hotel, running through Thursday.
Inflation Eased to 7.1% in November
Washington, DC, December 13, 2022—The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in November on a seasonally adjusted basis, after increasing 0.4% in October, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 7.1% before seasonal adjustment.