Import Prices Rose 0.3% in October, Exports Rose 0.8%
Washington, DC, November 15, 2024—U.S. import prices increased 0.3% in October following a 0.4% decline in September, 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.
MSI Opens New Minneapolis Showroom, HR Team Wins OnCon Award
Orange, CA, November 15, 2024—M S International, Inc. (MSI), the supplier of flooring, countertops, wall tile, and hardscaping products in North America, announced an expansion of its MSI Minneapolis Area Showroom and Distribution center.
Designers Highlight Trends in Flooring for 2025
New York, NY, November 14, 2024-Martha Stewart magazine announced the top trends that will dominate flooring in 2025.
BDNY Attendees in Good Spirits, Reports Stump
Charlotte, NC, November 14, 2024-The Stump team was in New York this week for one of our favorite trade shows: BDNY.
Redi Carpet Opens First Location in Minnesota
Brooklyn Park, MN, November 14, 2024—Redi Carpet held a grand opening for a warehouse in Crystal, Minnesota, according to CCX Media.
Producer Prices Rose 0.2% in October
Washington, DC, November 14, 2024-The Producer Price Index for final demand increased 0.2% in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Construction Input Prices Up 0.3% in October
Washington, DC, November 14, 2024-Construction input prices increased 0.3% in October compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also increased 0.3% for the month.
Initial Jobless Claims Declined by 4,000 in Week Ending Nov. 9
Washington, DC, November 14, 2024—In the week ending November 9, the advance figure for seasonally adjusted initial claims was 217,000, a decrease of 4,000 from the previous week's unrevised level of 221,000, according to the Department of Labor.
Home Depot Q3 Sales Rose 6.6%, Earnings Down 4.3%
Atlanta, GA, November 13, 2024-The Home Depot reported sales of $40.2 billion for Q3 2024, an increase of 6.6% from Q3 2023’s $37.7. Comparable sales for Q3 2024 decreased 1.3%, and comparable sales in the U.S. decreased 1.2%.
Consumer Prices Rose 2.6% YOY in October
Washington, DC, November 13, 2024-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% on a seasonally adjusted basis in October, the same increase as in each of the previous three months, the U.S. Bureau of Labor Statistics reported.