Unemployment Slid to 4.8% in September
Washington, DC, October 8, 2021-Total nonfarm payroll employment rose by 194,000 in September, and the unemployment rate fell by 0.4 percentage point to 4.8%, 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.
Torlys Names Jon Nimmo Regional Sales Director
Toronto, ON, October 8, 2021-Torlys has continued investment in its sales force with the recent addition of Jon Nimmo, who joins the team as regional sales director, British Columbia and Alberta.
Co-founder of Gluth Commercial Flooring Sentenced to Prison for Embezzlement
Mukilteo, WA, October 8, 2021-David M. Gluth, co-founder of Gluth Commercial Flooring, was sentenced October 1 in U.S. District Court in Seattle to two years in prison for his embezzlement scheme that stole more than $1 million from a commercial flooring business he co-founded with a friend, who put up $500,000 to start the company, according to Mukilteo Beacon.
Wholesaler Sales Declined 1.1% in August, Up 20.6% YOY
Washington, DC October 8, 2021-- August 2021 sales of merchant wholesalers were $595.5 billion, down 1.1% from the revised July level, but were up 20.6% from the revised August 2020 level, according to the U.S. Census Bureau.
HMTX Cares Holding Fundraiser Golf Tournament on November 18
Norwalk, CT, October 8, 2021- The nonprofit Halstead/Metroflor Addiction Crisis Charity (HMAC) organization has been renamed HMTX Cares, with the purpose of also funding mental health organizations, in addition to its current support of addiction rehabilitation, aftercare and education facilities.
Impact Floors Acquires Got You Floored
Dallas, TX, October 7, 2021-Impact Floors, a portfolio company of Blue Sage Capital, has acquired Got You Floored (GYF), a Greensboro, North Carolina-based provider of flooring products and installation services to multifamily properties and developers.
Ceramic Tile Imports Rose 33.9% YOY in August
Brooklyn, NY, October 7, 2021-Ceramic imports rose 33.9% YOY in August, according to Grosser Consulting.
Initial Jobless Claims Decreased by 38K in Last Week of September
Washington, DC, October 7, 2021-In the week ending October 2, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 38,000 from the previous week's revised level, according to the Department of Labor.
Scott Stein, Sales Manager for ACF, Has Died of Covid
Fairfield, NJ, October 7, 2021-Scott Stein, sales manager for ACF-Gardner, died October 5 due to complications from Covid-19.
Trade Deficit Widened to a Record-High in August
New York, NY, October 6, 2021--The U.S. trade deficit widened to a record in August as American consumers continued to show a strong appetite for imported goods such as pharmaceutical products, toys and clothing, reports the Wall Street Journal.