Job Openings Virtually Unchanged at 11.3M in January
Washington, DC, March 9, 2022—The number of job openings was little changed at 11.3 million on the last business day of January, the U.S. Bureau of Labor Statistics reported.
Today's Flooring News
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China Avoids Inflationary Effects of Russian War Thus Far
Washington, DC, March 9, 2022—Rising energy prices in the run-up to Russia’s invasion of Ukraine added to Chinese inflation in February, an early sign of the pressures building in the global economy as the war sends commodity prices soaring, reports the Wall Street Journal.
Mortgage Applications Rose 8.5% in Week Ending March 4
Washington, DC, March 9, 2022—Mortgage applications increased 8.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 4, 2022.
Forest Stewardship Council Suspends Trading with Russia & Belarus
Washington, DC, March 9, 2022—The Forest Stewardship Council (FSC) has suspended all trading certification in Russia and Belarus and issued the following statement,
Fuse Awards Presented Last Night in Dallas
Dallas, TX, March 8, 2022—Fuse has announced the winners of its member, supplier and Spark awards. The group held its annual meeting in Dallas this week.
Goods & Services Deficit Widened to $82.0B in January
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.
Material Bank Expands to Japan
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.
Shaw Recognizes Vance Bell’s Legacy
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:
Small Business Optimism Decline 1.4 Points to 95.7 in February
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.
Laurel Hurd Named CEO of Interface, Succeeding Daniel Hendrix
Atlanta, GA, March 7, 2022-Interface has appointed Laurel M. Hurd as president and chief executive officer, effective April 18.