Personal Income Rose 21.1% in March, Spending Up 4.2%
Washington, DC, April 30, 2021—Personal income increased $4.21 trillion (21.1%) in March, according to estimates released today by the Bureau of Economic Analysis.
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.
Hoy Lanning Recovering from Battle with Covid-19
Chattanooga, TN, April 30, 2021-Hoy Lanning, former CEO and executive vice president of supplier relations for Haines, was recently released from hospital after tough six-week battle with Covid.
Q1 GDP Increased 6.4%
Washington, DC, April 29, 2021—Real gross domestic product (GDP) increased at an annual rate of 6.4% in Q1 2021, according to the advance estimate released by the Bureau of Economic Analysis.
Escalating Lumber Prices Adding $36K to Cost of Average Home
Washington, DC, April 29, 2021—Soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by $35,872, according to new analysis by the National Association of Home Builders (NAHB).
Pending Home Sales Rose 1.9% in March
Washington, DC, April 29, 2021—The Pending Home Sales Index (PHSI) rose 1.9% to 111.3 in March. Year-over-year, contract signings jumped 23.3%, with the difference due in large part to the pandemic-induced lockdown in March 2020.
Initial Jobless Claims Decreased by 13K in Fourth Week of April
Washington, DC, April 29, 2021—In the week ending April 24, the advance figure for seasonally adjusted initial claims was 553,000, a decrease of 13,000 from the previous week's revised level, according to the Department of Labor.
Hamernick’s Interior Solutions Celebrating 75 Years of Business
Saint Paul, MN, April 29, 2021 –Saint Paul, Minnesota-based Hamernick’s Interior Solutions is celebrating 75 years of service to the Twin Cities in 2021.
Georgia Association of Manufacturers Announces 2021 Board
Atlanta, GA, April 29, 2021—The members of the Georgia Association of Manufacturers (GAM) and The Manufacturers Education Foundation (MEF) each elected officers and board members at the 121st Annual Meeting of GAM and the 78th Annual Meeting of MEF, held via virtual videoconference on April 29.
DuPont Shareholders Vote to Support Plastic Pellet Pollution Reporting
Berkeley, CA, April 29, 2021-In the highest vote on plastic pellet pollution to-date, a majority of investors at DuPont voted in support of an As You Sow shareholder resolution asking the company to produce an annual report on the amount of pre-production plastic the company releases into the environment annually.
Mapei Adds Two Warehouse Facilities that Will Transition to Manufacturing
Deerfield Beach, FL, April 28, 2021-Mapei Corporation has expanded company operations with two new locations in Georgia and Florida.