Industrial Production Rose 0.1% in February
Washington, DC, March 15, 2024—Industrial production edged up 0.1% in February after declining 0.5% in January, according to the Federal Reserve.
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.
Besse Forest Products Acquired by Hoffman Family of Companies
Gladstone, MI, March 15, 2024—The Ho?mann Family of Companies (HFOC) announces its acquisition of Besse Forest Products Group, a longstanding, family-run company in the wood products manufacturing business, reports Hardwood Magazine.
Import Prices Rose 0.3% in February, Export Prices Up 0.8%
Washington, DC, March 15, 2024—U.S. import prices rose 0.3% in February, after advancing 0.8% in January, the U.S. Bureau of Labor Statistics reported.
Retail Sales Rose 0.6% in February
Washington, DC, March 14, 2024-Advance estimates of U.S. retail and food services sales for February 2024 were $700.7 billion, up 0.6% from the previous month and up 1.5% above February 2023, according to the U.S. Census Bureau.
Producer Price Index Rose 0.6% in February
Washington, DC, March 14, 2024—The Producer Price Index for final demand rose 0.6% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Construction Input Prices Rose 1.4% in February
Washington, DC, March 14, 2024—Construction input prices increased 1.4% in February compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 1.3% for the month.
Initial Jobless Claims Declined by 1,000 in Week Ending March 9
Washington, DC, March 14, 2024—In the week ending March 9, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of 1,000 from the previous week's revised level, according to the Department of Labor.
Distrib. Trade Sales & Manu. Shipments Down 1.3% in January
Washington, DC, March 14, 2024—The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,833.3 billion, down 1.3% from December 2023 and was down 1.2% from January 2023, according to the U.S. Census Bureau.
Mannington's Adura LVT to Be Featured on Rock The Block
Salem, NJ, March 14, 2024—Mannington’s Adura luxury vinyl flooring will be featured on the upcoming season of HGTV’s renovation competition series, Rock The Block.
NFA Meeting Underway in Banff, Alberta
Banff, Alberta, March 13, 2024-The National Flooring Alliance’s (NFA) spring meeting started yesterday in Banff, Alberta.