Industrial Production Increased by 1.1% in October
Washington, DC, November 17, 2020—Industrial production rose 1.1% in October, according to the Federal Reserve.
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Import Prices Inched Down in October
Washington, DC, November 17, 2020—U.S. import prices edged down 0.1% in October, the U.S. Bureau of Labor Statistics reported, after rising 0.2% the previous month.
Distributor Shipments Rose 0.6% in September
Washington, DC, November 17, 2020-The combined value of distributive trade sales and manufacturers’ shipments for September was estimated at $1,465.1 billion, up 0.6% from August 2020 and was up 0.8% from September 2019, according to the U.S. Census Bureau.
Florim USA Named Business Recycler of the Year by TN Recycling Coalition
Clarksville, TN, November 16, 2020—The Tennessee Recycling Coalition named Florim USA winner of the 2020 Business Recycler of the Year.
American's Embrace of Digital Commerce Amid COVID Likely Permanent
New York, NY, November 16, 2020—The pandemic’s disruptions have transformed how American consumers behave by accelerating their embrace of digital commerce, and the changes are likely to prove permanent, reports the Wall Street Journal.
Kitchen & Bath Trade Assoc. Reveals 2021 Kitchen & Bath Design Trends
Hackettstown, NJ, November 16, 2020- The National Kitchen & Bath Association 2021 Design Trends Research reveals the COVID-19 pandemic will have a substantial lasting impact on kitchen and bath design, including in several areas related to flooring.
Happy Floors Enters SPC Market
Miami, FL, November 16, 2020-Happy Floors, an importer and purveyor of porcelain and ceramic tile, has expanded its offering to SPC with its new Easy Luxury Rigid Core Products.
Construction Starts Will Increase 4% in 2021, Dodge Predicts
Hamilton Township, NJ, November 13, 2020-Dodge Data & Analytics released its 2021 Dodge Construction Outlook, which predicts that total U.S. construction starts will increase 4% in 2021, to $771 billion.
Consumer Sentiment Slid 5.9% to 77 in Early November
Ann Arbor MI, November 13, 2020—Consumer sentiment fell 5.9% to 77.0 in early November, according to preliminary results from the University of Michigan Survey of Consumers.
Producer Prices Rose 0.3% in October
Washington, DC, November 13, 2020-The Producer Price Index for final demand advanced 0.3% in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.