Personal Income Down 7.1%, Spending Down 1.0% in February
Washington, DC, March 26, 2021—Personal income decreased $1,516.6 billion (7.1%) in February, according to estimates released 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.
Unilin Click Patent Upheld by Chinese Patent Office
Wielsbeke, Belgium, March 26, 2021—In a 13-page decision, issued on March 24 by the Chinese National Intellectual Property Administration, Unilin’s CN 101023230 patent was declared to remain valid.
Lumber Prices Skyrocketing
Seattle, WA, Sept. 9--The price of a roof is going through the roof. Ditto the price of siding and framing materials, according to the Seattle Post-Intelligencer.
Daltile Launches Tile Club Program
Dallas, TX, March 26, 2021—Daltile recently launched its new Tile Club as a way for the brand to educate its retailers on the hottest trends and latest performance features in tile.
February Architecture Billings Index Positive for First Time in a Year
Washington, DC, March 25, 2021-The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for February was 53.3 compared to 44.9 in January, its first positive mark since February 2020.
Jobless Claims Near Lowest Pandemic Level in 3rd Week of March
Washington, DC, March 25, 2021-In the week ending March 20, the advance figure for seasonally adjusted initial claims was 684,000, a decrease of 97,000 from the previous week's revised level, according to the Department of Labor.
Q4 GDP Revised Up to 4.3% in Third Estimate
Washington, DC, March 25, 2021—Real gross domestic product (GDP) increased at an annual rate of 4.3% in Q4 2021, according to the third estimate released by the Bureau of Economic Analysis.
Mohawk Launching Warrantied WetProtect at Lowe's This Spring
Calhoun, GA, March 25, 2021-Mohawk will release its new warrantied Pergo WetProtect vinyl, laminate and hardwood exclusively at Lowe’s stores nationwide and on Lowes.com this spring.
Shaw Utilizes Cloud-Based Tool for Dealer Incentive Program
Hoboken, NJ, March 25, 2021-NICE, provider of a cloud-based sales performance management programs, announced that Shaw Industries is experiencing positive results by leveraging its system for its incentive program.
Q4 California Carpet Recycling Rate Reaches Record High
Dalton, GA, March 24, 2021—Recently released results for Q4 2020 indicate that recovery is underway for carpet recycling in California, which reached a recycling rate of 23.2%—a new high-water mark, reports Carpet America Recovery Effort (CARE).