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.
New York, NY, December 15, 2021-"For years, conventional wisdom held that millennials, born from 1981 to 1996, would become the generation that largely spurned homeownership,” reports the Wall Street Journal.
Dalton, GA, December 15, 2021-Following a solid performance in Q1 and Q2 2021, the California Program’s recycling rate for Q3 2021 was 28%, indicating that Carpet America Recovery Effort (CARE) could meet its target of 26% for the year, a major program accomplishment.
New York, NY, December 15, 2021—"Consumer spending has been a primary driver of strong economic growth this year. Retail sales rose nearly 15% in October, from a year earlier, showing low unemployment, rising wages and savings from stimulus payments are giving Americans the capacity to spend more, even when accounting for historically strong inflation,” reports the Wall Street Journal.
Washington, DC, December 15, 2021—Prices for U.S. imports rose 0.7% in November following a 1.5% increase in October, the U.S. Bureau of Labor Statistics reported.
Washington, DC, December 15, 2021—Mortgage applications decreased 4.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 10, 2021.
Dalton, GA, December 15, 2021—On December 4, Shaw celebrated its eighth year running the St. Jude Memphis Marathon Weekend with its largest team ever of 129 Shaw associates, customers, suppliers and partners.
Washington, DC, December 15, 2021—The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,709.1 billion, up 2.1% from September 2021 and up 16.7% from October 2020, according to the U.S. Census Bureau.
Pittston, PA, December 14, 2021-HMTX Industries will open a luxury vinyl tile manufacturing facility in Pittston, Pennsylvania.
Washington, DC, December 14, 2021—The Producer Price Index for final demand increased 0.8% in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Washington, DC, December 24, 2021—The NFIB Small Business Optimism Index increased slightly in November by 0.2 points to 98.4.