Producer Price Index Rose 0.5% in September
Washington, DC, October 14, 2021—The Producer Price Index for final demand increased 0.5% in September, seasonally adjusted, 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.
Derr Flooring Adds Eighth Branch
Willow Grove, PA, October 14, 2021—Derr Flooring Co. has opened a new branch in Ashland, Virginia.
Los Angeles Port Transitioning to 24/7 Operation to Ease Bottlenecks
New York, NY, October 14, 2021—One of the country’s busiest ports will operate around the clock in an effort to ease cargo bottlenecks that have led to shortages and higher consumer costs, reports the Wall Street Journal.
Jobless Claims Fell to 293K in First Full Week of October
Washington, DC, October 14, 2021—In the week ending October 9, the advance figure for seasonally adjusted initial claims was 293,000, a decrease of 36,000 from the previous week's revised level, according to the Department of Labor.
Consumer Prices Up 0.4% in September, 5.4% LTM
Washington, DC, October 13, 2021-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% in September on a seasonally adjusted basis after rising 0.3% in August, the U.S. Bureau of Labor Statistics.
Inside Edge Acquires ProCoat Products
Eagan, MN, October 13, 2021— Inside Edge Commercial Interior Services has acquired ProCoat Products, a provider of sustainable coating solutions for acoustical ceilings and fixture restorations.
NeoCon 2021 Hosted Nearly 20,000
Chicago, IL, October 13, 2021—NeoCon 2021, October 4 to 6, welcomed close to 20,000 individuals.
Bill Blackstock Named to FCEF Board
Dalton, GA, October 13, 2021—The Floor Covering Education Foundation (FCEF) has welcomed Bill Blackstock to its board of directors.
Young Households Made Largest-Ever Gain in Homeownership in '19
Washington, DC, October 13, 2021—Young households (those under the age of 35) experienced the largest gains for homeownership in 2019, according to data from the Federal Reserve Board’s 2019 Survey of Consumer Finances (SCF).
4.3M Workers Left Their Jobs in August
Washington, DC, October 13, 2021-Department of Labor data for August shows the industries from which the most U.S. workers departed.