Mohawk Reports Earnings Increase, Sales Decrease for Q4
Calhoun, GA, February 14, 2020-Mohawk Industries announced a Q4 2019 net earnings increase of 15% YOY. Net sales for Q4 2019 were down 2.0% from the same quarter last year.
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Retail Sales Rose 4.4% YOY in January
Washington, DC, February 14, 2020—Advance estimates of U.S. retail and food services sales for January 2020 were $529.8 billion, an increase of 0.3% from the previous month and 4.4% above January 2019, according to the U.S. Census Bureau.
Belknap White Named Distribution of the Year for Armstrong
Mansfield, MA, February 14, 2020-The Belknap White Group received the Thomas Armstrong distributor of the year award for 2019.
Coverings Announces Top Ten Tile Trends for 2020
Arlington, VA, February 14, 2020- Capra and Coverings’ sponsors Ceramics of Italy, Tile Council of North America and Tile of Spain collaborated to gather and report this year’s top ten tile trends for 2020.
Import Prices Unchanged in January
Washington, DC, February 14, 2020-U.S. import prices were unchanged in January, the U.S. Bureau of Labor Statistics reported, following 0.2% advances the two previous months.
Consumer Sentiment Rose 1.1% in Early February
Ann Arbor, MI, February 14, 2020—Consumer sentiment rose to 100.9, an increase of 1.1%, in early February, according to the University of Michigan Survey of Consumers.
Industrial Production Down 0.3% in January
Washington, DC, February 14, 2020—Industrial production declined 0.3% in January, as unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft, reports the Federal Reserve.
Distrib. Trade Sales & Manu. Shipments Down Slightly in December
Washington, DC, February 14, 2020—The combined value of distributive trade sales and manufacturers’ shipments for December was estimated at $1,461.0 billion, down 0.1% from November 2019 but up 1.7% from December 2018, according to the U.S. Census Bureau.
Wagner Meters Names Fishman Distributor of the Year
Rogue River, OR. February 14, 2020—Wagner Meters has named Fishman Flooring Solutions distributor of the year for the second consecutive year that Wagner Meters has presented the award.
Consumer Prices Ticked Up 0.1% in January
Washington, DC, February 13, 2020—The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in January on a seasonally adjusted basis, after rising 0.2% in December, the U.S. Bureau of Labor Statistics reported.