Worker Pay & Benefits Rose 5% in Q3
Washington, DC, October 28, 2022—Worker pay and benefits rose rapidly in Q3 from a year before, maintaining pressure on inflation, reports the Wall Street Journal.
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.
Personal Income Rose 0.4% in September, Spending Rose 0.6%
Washington, DC, October 28, 2022—Personal income increased $78.9 billion (0.4%) in September, according to estimates released by the Bureau of Economic Analysis.
Stump Reports Insights from Fall 2022 High Point Market
Charlotte, NC, October 28, 2022—Stump & Company issued the following post-show insights reports on the 2022 fall High Point Market.
Tom Enright Named VP of Commercial Sales for Emser
Los Angeles, CA, October 28, 2022-Emser Tile has named Tom Enright as the newest member of the leadership team. Enright will serve as vice president of commercial sales and brings several decades of invaluable experience to the role.
Dallas Leads Hotel Construction Pipeline
Portsmouth, NH, October 28, 2022—The U.S. market with the largest hotel construction pipeline by projects is Dallas, Texas with a record high count of 174 projects, accounting for 20,676 rooms, according to the third quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE).
GDP Rose 2.6% in Q3
Washington, DC, October 27, 2022—Real gross domestic product (GDP) increased at an annual rate of 2.6% in Q3 2022, according to the advance estimate released by the Bureau of Economic Analysis.
Orders for Durable Goods Rose 0.4% in in September
Washington, DC, October 27, 2022—New orders for manufactured durable goods in September, up six of the last seven months, increased $1.0 billion or 0.4% to $274.7 billion, the U.S. Census Bureau announced.
Initial Jobless Claims Rose by 3,000 in Week Ending October 22
Washington, DC, October 27, 2022— In the week ending October 22, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 3,000 from the previous week's unrevised level of 214,000, according to the Department of Labor.
CFL's Barron Frith Named Secretary/Treasurer of RFCI
Newport Beach, CA, October 27, 2022-Barron Frith, president of CFL, was elected as secretary/treasurer for the Resilient Floor Covering Institute during the RFCI Fall Meeting at the Resort on Pelican Hill.
Shaw Named 2022 Shipper of Choice by FreightWaves
Dalton, GA, October 27, 2022-Shaw has been named a 2022 Shipper of Choice by FreightWaves, in partnership with TriumphPay.