Import Prices Unchanged in April, Export Prices Up 0.6%
Washington, DC, May 13, 2022—U.S. import prices were unchanged in April, after increasing 2.9% in March, 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.
Initial Jobless Claims Rose 1K to 203K in Week Ending May 7
Washington, DC, May 12, 2022-In the week ending May 7, the advance figure for seasonally adjusted initial claims was 203,000, an increase of 1,000 from the previous week's revised level, according to the Department of Labor.
Benchwick Announces Private Placement for Continued Growth
New York, NY, May 12, 2022--Benchwick announced that its parent company, Northann Corporation, just completed a round of private placement to enable more investment in the company’s plans for growth in the U.S., according to Lin Li, CEO.
Producer Prices Rose 0.5% in April, Says Bureau of Labor
Washington, DC, May 12, 2022-The Producer Price Index for final demand increased 0.5% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This rise followed advances of 1.6% in March and 1.1% in February.
Tarkett Meets +Vantage Vinyl Requirements
Solon, OH, May 12, 2022—Tarkett has met all the requirements of +Vantage Vinyl, an industry-wide sustainability initiative that engages companies across the U.S. vinyl value chain.
LL Flooring & NFCAP Open Installation Training Facility in Texas
Richmond, VA, May 12, 2022—LL Flooring and the National Flooring Contractors Apprenticeship Program (NFCAP) have opened the initiative’s first training facility in partnership with the Gary Job Corps Center in San Marcos, Texas.
Jay Brown Named President of Bentley, Succeeding Jim Harley
Los Angeles, CA, May 11, 2022-Bentley Mills has announced changes at the top of its organization, effective June 1.
Inflation Index Declined 0.3% in April for First Time in 8 Months
Washington, DC, May 11, 2022-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in April on a seasonally adjusted basis after rising 1.2% in March, the U.S. Bureau of Labor Statistics reported.
Canup Named VP of Cherokee Floor Covering's Commercial Division
Woodstock, GA, May 11, 2022—Luke Canup has been named vice president of Cherokee Floor Covering’s commercial division.
MBA Mortgage Applications Rose 2.0% in Week Ending May 6
Washington, DC, May 11, 2022—Mortgage applications increased 2.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 6, 2022.