Bachman Named Entrepreneur Of The Year Midwest Award Winner
Bolingbrook, IL, June 17, 2024—Benjamin Bachman CEO of Gerflor USA is winner of Ernst & Young’s Entrepreneur Of The Year 2024 Midwest Award.
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.
Consumer Sentiment Declined 5.1% to 65.6 in June
Ann Arbor, MI, June 14, 2024-Consumer sentiment declined 5.1% to 65.6 in June, according to preliminary results from the University of Michigan Survey of Consumers.
Construction Material Prices Declined 0.9% in May
Washington, DC, June 14, 20224—Construction input prices decreased 0.9% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.
F9 Continues to Seek Control of LL Flooring with Presentation to Shareholders
Richmond, VA, June 14, 2024-In its ongoing effort to gain control of LL Flooring, formerly Lumber Liquidators, F9 Investments, led by Lumber Liquidators founder Tom Sullivan, has issued “The Urgent Case for Change: Put the Groove Back in LL.”
Import Prices Declined 0.4% in May, Export Prices Down 0.6%
Washington, DC, June 14, 2024— Prices for U.S. imports decreased 0.4% in May following a 0.9% advance the previous month, the U.S. Bureau of Labor Statistics reported.
Stump Reports on NeoCon/Design Days 2024
Chicago, IL, June 14, 2024-Stump issued the following report about Chicago's Design Days 2024,
Flooring Liquidators Opens Large Showroom in Missouri
Las Vegas, NV, June 14, 2024-Live Ventures Incorporated announced that its subsidiary Flooring Liquidators has opened a 60,000 square foot store in Springfield, Missouri.
Producer Prices Declined 0.2% in May
Washington, DC, June 13, 2024-The Producer Price Index for final demand declined 0.2% in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Fed Expected to Cut Rates Once in 2024
New York, NY, June 13, 2024-"Federal Reserve officials penciled in just one interest-rate cut for this year, indicating most are in no hurry to lower rates, even after a widely watched report Wednesday showed inflation improved last month,” reports the Wall Street Journal.
Initial Jobless Claims Rose 13,000 in Week Ending June 8
Washington, DC, June 13, 2024—In the week ending June 8, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 13,000 from the previous week's unrevised level of 229,000, according to the Department of Labor.