Cevisama Postponed Until June
Valencia, SP, December 23, 2021—Cevisama 2022 and the Tile of Spain “Passport to Creativity” tour have both been postponed until June 2022.
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.
CBC Recognizes Halebian's Support of Toli and Takiron
Cary, NC, December 23, 2021—CBC Flooring (CBC) has recognized Michael Halebian & Co. Inc. (MHCO) of Carlstadt, New Jersey for 2021 Outstanding Performance – Sales, Support, and Loyalty. This was for its support of the Toli and Takiron product lines.
Dean Howell Named Chairman of WFCA
Dalton, GA, December 22, 2021––Dean Howell, president of Moda Floors & Interiors in Atlanta, Georgia, has been elected chairman of the board of the World Floor Covering Association (WFCA).
Durable Goods Order Rose 2.5% in November
Washington, DC, December 23, 2021—New orders for manufactured durable goods in November increased $6.5 billion or 2.5% to $268.3 billion, the U.S. Census Bureau announced. This increase, up six of the last seven months, followed a 0.1% October increase.
Jobless Claims Unchanged at 205K in Week Ending Dec. 18
Washington, DC, December 23, 2021—In the week ending December 18, the advance figure for seasonally adjusted initial claims was 205,000, unchanged from the previous week's revised level, according to the Department of Labor.
Personal Income Rose 0.4% in November, Spending Rose 0.6%
Washington, DC, December 23, 2021—Personal income increased $90.4 billion (0.4%) in November, according to estimates released by the Bureau of Economic Analysis.
November's Existing Home Sales Up 1.9%
Washington, DC, December 22, 2021-Total existing-home sales grew 1.9% from October to a seasonally adjusted annual rate of 6.46 million in November, according to the National Association of Realtors. This marks three consecutive months of increases.
MSI Surfaces Opening New Distribution Center in Kansas City
Kansas City, KS, December 22, 2021—MSI Surfaces will open a new distribution center and warehouse in Kansas City, Kansas, reports CoStar.
GDP Revised Up to 2.3% for Q3
Washington, DC, December 22, 2021—Real gross domestic product (GDP) increased at an annual rate of 2.3% in Q3, according to the third estimate released by the Bureau of Economic Analysis. In Q2, real GDP increased 6.7%.
Construction Employment Lagged in November
Washington, DC, December 22, 2021—Seasonally adjusted construction employment in November lagged the February 2020 level in 32 states and exceeded it in 18 states and the District of Columbia, according to AGC’s analysis of Bureau of Labor Statistics (BLS) data.