Emser Awards NFA Dealer of the Year Award to Nebraska Furniture Mart
Las Vegas, Nevada, February 2, 2023—At its booth at Surfaces, Emser Tile awarded its first-ever National Floorcovering Alliance (NFA) Dealer of the Year award.
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Schönox Presents '22 Smooth Performer Award to Halebian & Co.
Las Vegas, NV, February 2, 2023-Schönox presented Michael Halebian & Co. with the 2022 Smooth Performer Award in recognition of their high level of support, dedication, and partnership with Schönox
Initial Jobless Claims Declined by 3,000 in Week Ending January 28
Washington, DC, February 2, 2023—In the week ending January 28, the advance figure for seasonally adjusted initial claims was 183,000, a decrease of 3,000 from the previous week's unrevised level of 186,000, according to the Department of Labor.
Labor Productivity Rose By 3.0% in Q4
Washington, DC, February 2, 2023—Nonfarm business sector labor productivity increased 3.0% in Q4 2022, the U.S. Bureau of Labor Statistics reported, as output increased 3.5% and hours worked increased 0.5%.
Multifamily Starts Predicted to Slow From High Production Levels in '23
Washington, DC, February 2, 2023—Multifamily starts are predicted to fall in 2023, following an unsustainable high level of production last year, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and will do better than the single-family and multifamily markets in 2023.
CCA Global Foregoes Summer Convention to Focus on Retail 2.0 Rollout
Manchester, NH, January 30, 2023-At the close of CCA Global meeting in Phoenix, Arizona, the group announced that it would not hold a summer convention.
Mohawk Announces SmartStrand Marketing Campaign with Rhinory
Calhoun, GA, February 1, 2023-Announced the first day of The International Surface Event in Las Vegas, Mohawk is partnering with Rhinory on a life-sized marketing campaign for SmartStrand that is tied to a big cause.
Nox Will Transition to Sustainable Product Chemistries
Seoul, South Korea, February 1, 2023—Nox Corporation, a global LVT (luxury vinyl tile) manufacturer, declared its plan for the transition to sustainable raw materials contributing to carbon reduction in all products.
Construction Spending Declined 0.4% in December
Washington, DC, February 1, 2023—Construction spending during December 2022 was estimated at a seasonally adjusted annual rate of $1,809.8 billion, 0.4% below the revised November estimate of $1,817.3 billion, according to the U.S. Census Bureau. The December figure is 7.7% above the December 2021 estimate of $1,681.0 billion.
Private Sector Employment Added 106,000 jobs in January
Roseland, NJ, February 1, 2023—Private sector employment increased by 106,000 jobs in January, and annual pay was up 7.3% year-over-year, according to the January ADP National Employment Report.