Producer Prices Increased by 0.4% in November
Washington, DC, December 14, 2016—The Producer Price Index for final demand increased 0.4% in November, seasonally adjusted, 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.
November Retail Sales Rose 3.8% YOY
Washington, DC, December 14, 2016—Advance estimates of U.S. retail and food services sales for November were $465.5 billion, an increase of 0.1% from the previous month, and 3.8% above November 2015, according to the U.S. Census Bureau.
Industrial Production Fell 0.4% in November, After October Rise
Washington, DC, December 14, 2016—Industrial production declined 0.4% in November after edging up 0.1% in October, according to the Federal Reserve.
UK Carpet Manufacturer Victoria to Purchase Aussie Dunlop Flooring
Worcester, UK, December 14, 2016—Victoria, the Kidderminster carpet manufacturer, will purchase Australian underlay and hardwood flooring maker Dunlop Flooring in a £20m deal, reports worcesternews.co.uk.
UofW Team Builds Floor that Converts Pressure into Electricity
Madison, WI, December 14, 2016—Material science researchers at the University of Wisconsin-Madison have figured out how to build wood flooring material that converts downward pressure into usable electricity, reports Business Insider.
Small Business Optimism Rose Sharply After Election
Washington, DC, December 14, 2016—Small business optimism remained flat leading up to Election Day and then rocketed 3.5 points to 98.4 as business owners expected better conditions under new leadership in Washington, according to a special edition of the
Forty Quebec Rona Stores to Take Lowe's Name
Quebec, Canada, December 13, 2016--Lowe's has announced its plans to convert 40 Rona stores outside Quebec to the Lowe's name, according to msn.com, and another 17 Quebec stores may convert to the Lowe’s name in the future.
Laticrete Supercap Taps Chad Love as Director of Sales
Bethany, CT, December 13, 2016— Chad Love has joined Laticrete Supercap in the new position of director of sales.
Carpet Design Award Finalists Announced
Hannover, DE, December 13, 2016—The finalists for the 2017 Carpet Design Awards have been chosen. On November 24, a jury of design and carpet industry experts shortlisted a total of 24 carpet creations in eight categories.
Mohawk's Surratt Named Digital Communications Leader of the Year
Calhoun, GA, December 13, 2016—Mollie Surratt, senior director of public relations, social media and content marketing at Mohawk, has been awarded PR News’ PR People Award in the Digital Communications Leader of the Year category.