Import Prices Rose 2.0% in January; Export Prices Rose 2.9%
Washington, DC, February 16, 2022—Prices for U.S. imports advanced 2.0% in January following a 0.4% drop in December, 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.
Dogwood Named A 2022 Innovative Product by Beautiful Kitchens & Baths
Mountville, PA, February 16, 2022-Dogwood Densified Wood Flooring from Bruce was named one of the "30 Most Innovative Products for 2022" presented by Dotdash Meredith's Beautiful Kitchens & Baths magazine.
Mortgage Applications Declined 5.4% in Week Ending February 11
Washington, DC, February 16, 2022—Mortgage applications decreased 5.4% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 11, 2022.
NALFA & IFCII Partner for Inspectors Course
Washington, DC, February 16, 2022—NALFA announces its partnership with IFCII to offer new and existing NALFA inspectors an opportunity to complete or renew their certification status.
Xpress Global Acquires Pacific Coast Distributors
Chattanooga, TN, February 15, 2022-Chattanooga-based trucking company Xpress Global Systems is buying the assets of Oregon-based Pacific Coast Distributors, a family-owned and operated third-party logistics provider with anchors in Portland, Oregon, and Seattle and Spokane, Washington, reports the Chattanooga Times Free Press.
George Henderson, former CEO of Lees, Has Died
Chattanooga, TN, February 15, 2022-George (Bunky) Henderson III, formerly with Burlington (Lees Carpet), died February 13 at the age of 74.
PID Floors Opens Showroom in Boston
Boston, MA, February 15, 2022-Hardwood flooring firm PID Floors recently opened a new showroom in the SoWa Art + Design District in Boston.
Survey Explores Engagement & Priorities of Tradespeople
Washington, DC, February 15, 2022-Building Talent Foundation (BTF) announced the main findings of a residential construction workforce engagement study, designed to probe into tradespeople’s opinions about their career plans.
Producer Prices Rose 1.0% in January
Washington, DC, February 15, 2022—The Producer Price Index for final demand increased 1.0% in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This rise followed advances of 0.4% in December 2021 and 0.9% in November.
Americans Eschewing the Office Even as Omicron Fades
New York, NY, February 15, 2022—Americans are dining again in restaurants, attending sporting events, and flying throughout the country. But most are still steering clear of their office building, a sign that more than health concerns are keeping workers away, reports the Wall Street Journal.