Consumer Sentiment Slid 13.5% in Early August
Ann Arbor, MI, August 13, 2021—Consumer sentiment slid 13.5% to 70.2 in early August, according to the University of Michigan Survey of Consumers.
Today's Flooring News
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Import Prices Rose 0.3% in July
Washington, DC, August 13, 2021—Prices for U.S. imports increased 0.3% in July, after advancing 1.1% the previous month, the U.S. Bureau of Labor Statistics reported.
Details of PVC Formulation Convention Announced
Bristol, UK, August 13, 2021—AMI, a provider of market intelligence and events for the global plastics industry, has recently released the program for PVC Formulation.
RayDay Postponed Until 2022
Atlanta, GA, August 13, 2021—The Ray C. Anderson Foundation has postponed its RayDay celebration until 2022.
Interface Reports Q2 Net Sales Rose 14%, Income Up 229%
Atlanta, GA, August 12, 2021—Interface announced Q2 net sales were $294.8 million, up 14% versus $259.5 million in the prior year period.
Forbo Announces 3% to 5% Price Increase on Full Offering
Hazleton, PA, August 12, 2021—Forbo Flooring Systems is implementing a 3% to 5% price increase on its product offering, effective with orders placed on or after September 13.
Producer Prices Rose 1.0% in July
Washington, DC, August 12, 2021—The Producer Price Index for final demand increased 1.0% in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
CCA Global Announces New Members Across All Brands
Manchester, NH, August 12, 2021-At its recent summer convention in Denver, Colorado, CCA Global Partners welcomed new members from across the U.S. and Canada.
Initial Jobless Claims Fell for Third Straight Week in Early August
Washington, DC, August 12, 2021—In the week ending August 7, the advance figure for seasonally adjusted initial claims was 375,000, a decrease of 12,000 from the previous week's revised level, according to the Department of Labor
Inflation Remained Elevated but Stable in July
Washington, DC, August 12, 2021-Inflation remained elevated in July as the economic recovery continued, but prices showed evidence of cooling amid pandemic-related supply problems and signs that the recent rise in coronavirus infections is starting to crimp some business activity, reports the Wall Street Journal.