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.
Washington, D.C., March 8, 2022—The goods and services deficit was $89.7 billion in January, up $7.7 billion from $82.0 billion in December, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
New York, NY, March 8, 2022—Material Bank—a marketplace for searching, sampling, and specifying architecture, design, and construction materials—has announced plans to launch in Japan in 2022.
Dalton, GA, March 8, 2022— Tim Baucom, president and CEO of Shaw Industries, issued the following Letter to the Editor about his predecessor, Vance Bell:
Washington, D.C., March 8, 2022—In February, the NFIB Optimism Index decreased by 1.4 points to 95.7, the second consecutive month below the 48-year average of 98.
Atlanta, GA, March 7, 2022-Interface has appointed Laurel M. Hurd as president and chief executive officer, effective April 18.
Chattanooga, TN, March 7, 2022-Fuse’s meeting started Sunday and runs through today. The event has a record crowd of over 400 attendees, including vendors.
New York, NY, March 7, 2022—Russia’s invasion of Ukraine has set the stage for faster-rising consumer prices, with the mayhem of war driving up manufacturing costs for food, consumer goods and machinery in places far from the battlefield, reports the Wall Street Journal.
New York, NY, March 4, 2022—A fee award of about $10 million for consumer attorneys in two class actions over Lumber Liquidators’ allegedly subpar laminate flooring got Fourth Circuit approval [March 3], two years after the court sent the request back because of the deal’s “coupon” component, reports Bloomberg Law.
Washington, DC, March 4, 2022- Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged down to 3.8%, the U.S. Bureau of Labor Statistics reported. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, healthcare, and construction.
Dalton, GA, March 4, 2022—Engineered Floors’ commercial divisions—J+J Flooring Group and EF Contract—announced a price increase of between 5% and 8% on all brands and product categories.