Torlys Announces Three Team Promotions
Toronto, ON, March 16, 2023—Torlys announces the promotion of three key senior management professionals into expanded roles to help drive the company’s continued success.
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.
Initial Jobless Claims Declined by 20,000 in Week Ending March 11
Washington, DC, March 16, 2023-In the week ending March 11, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 20,000 from the previous week's revised level, according to the Department of Labor.
CSM Flooring Names Chris Barg President
Greensboro, NC, March 16, 2023—CSM Flooring named Chris Barg as its new president, reports The Times News.
Import Prices Declined 0.1% in February, Export Prices Rose 0.2%
Washington, DC, March 16, 2023-Prices for U.S. imports edged down 0.1% in February, after declining 0.4% in January, the U.S. Bureau of Labor Statistics reported.
Builder Confidence Rose Two Points to 44 in March
Washington, DC, March 15, 2023—Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the third straight monthly increase in builder sentiment levels.
February Retail Sales Down 0.4% from January But Up 5.4% YOY
Washington, DC, March 15, 2023—Advance estimates of U.S. retail and food services sales for February 2023 were $697.9 billion, down 0.4% from the previous month but up 5.4% above February 2022, according to the U.S. Census Bureau.
Abbey Holds Annual Convention with New Members & Suppliers
Nashville, TN, March 15, 2023-At Abbey Carpet and Floors to Go’s annual convention, running March 12 through 16 in Nashville, the buying group introduced six new suppliers and a new lead management system.
AHF Products Names Jake Loftis to COO Role
Mountville, PA, March 15, 2023-AHF Products, a manufacturer of hard surface flooring solutions in North America, welcomes Jake Loftis as its new chief operating officer (COO).
Producer Prices Inched Down 0.1% in February
Washington, DC, March 15, 2023—The Producer Price Index for Final Demand decreased 0.1% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Mortgage Applications Rose 6.5% in Week Ending March 10
Washington, DC, March 15, 2023—Mortgage applications increased 6.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 10, 2023.