Mohawk to Expand Hillsville, Virginia Carpet Backing Plant
Calhoun, GA, January 15, 2021-Mohawk will invest $22.5 million to expand its Hillsville, Virginia operation, reports the Galax Gazette.
Today's Flooring News
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December Retail Sales Up 2.9% YOY, Down 0.7% from November
Washington, DC, January 15, 2021-Advance estimates of U.S. retail and food services sales for December 2020 were $540.9 billion, a decrease of 0.7% from the previous month, but 2.9% above December 2019, according to the U.S. Census Bureau.
Consumer Sentiment Down 1.9% to 79.2 in Early January
Ann Arbor, MI, January 15, 2021-Consumer sentiment slid 1.9% to 79.2, according to preliminary results from the University of Michigan Survey of Consumers.
Elizabeth Haendiges Named VP of Operations for Happy Floors
Miami, FL, January 15, 2020-Happy Floors is pleased to announce Elizabeth Haendiges as its new vice president of operations.
Producer Prices Rose 0.3% in December
Washington, DC, January 15, 2021—The Producer Price Index for final demand increased 0.3 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This rise followed advances of 0.1% in November and 0.3% in October.
Industrial Production Rose 1.6% in December
Washington, DC, January 15, 2021—Industrial production advanced 1.6% in December, with gains of 0.9% for manufacturing, 1.6% for mining, and 6.2% for utilities, according to the Federal Reserve.
NKBA Announces Schedule for Voices From the Industry Conference
Hackettstown, NJ, January 15, 2021—The National Kitchen & Bath Association (NKBA) is offering more than 60 continuing education classes as part of its annual Voices From the Industry (VFTI) conference, which will be hosted virtually during the upcoming Kitchen & Bath Industry Show (KBIS), February 9 to 12.
Distributive Trade Sales & Manu. Shipments Down 0.1% in Nov.
Washington, DC, January 15, 2021—The combined value of distributive trade sales and manufacturers’ shipments for November was estimated at $1,480.8 billion, down 0.1% from October 2020, but was up 1.5% from November 2019, according to the U.S. Census Bureau.
Import Prices Rose 0.9% in December
Washington, DC, January 14, 2021-U.S. import prices advanced 0.9% in December, the U.S. Bureau of Labor Statistics reported, following a 0.2% increase the previous month.
Initial Jobless Claims Rose by 181,000 in First Week of January
Washington, DC, January 14, 2021—In the week ending January 9, the advance figure for seasonally adjusted initial claims was 965,000, an increase of 181,000 from the previous week's revised level, according to the Department of Labor.