Consumer Sentiment Declined 4.9% in Early March
Ann Arbor, MI, March 11, 2022—Consumer sentiment declined 4.9% to 59.7 in early March, according to preliminary results from the University of Michigan Survey of Consumers.
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.
Robert Varden Stepping Down as Executive Director of CFI
Forney, TX, March 11, 2022—International Certified Flooring Installers (CFI) announced that Robert Varden would be stepping down as the organization's executive director.
Ted Hogshead Named Director of Marketing for Kaleen
Dalton, GA, March 11, 2022—Ted Hogshead has been named director of marketing for Kaleen.
Mask Mandate Extended Until April 18 for Public Transit
New York, NY, March 11, 2022—Travelers in the U.S. will have to continue wearing masks on airplanes, buses and other forms of transit through April 18 under a federal mandate that the Biden administration is extending, the Centers for Disease Control and Prevention and Transportation Security Administration said Thursday and the Wall Street Journal reported.
Dixie Group Reports Net Sales Growth of 36% for FY 2021, Increased Earnings
Dalton, GA, March 10, 2022-The Dixie Group reported FY fiscal year 2021 net sales were $341 million, or 36% above the net sales of $251 million in the fiscal year of 2020, as adjusted for the divestiture of the commercial business.
Consumer Prices Rose 7.9% YOY in February
Washington, DC, March 10, 2022—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8% in February on a seasonally adjusted basis after rising 0.6 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.9% before seasonal adjustment.
Initial Jobless Claims Rose 11K to 227K in Week Ending March 5
Washington, DC, March 10, 2022—In the week ending March 5, the advance figure for seasonally adjusted initial claims was 227,000, an increase of 11,000 from the previous week's revised level, according to the Department of Labor.
Registration Opens for CARE 20th Annual Conference
Dalton, GA, March 10, 2022—Registration is now open for the Carpet America Recovery Effort (CARE) 20th annual conference for the national carpet recycling industry, to be held May 3 and 4 at the Minneapolis Marriott City Center in downtown Minneapolis, Minnesota.
Corporate Space Use Declined in Pandemic but Expected to Rise Again
Montclair, NJ, March 10, 2022—A survey conducted by CoreNet Global, the association for corporate real estate professionals, has found that global companies are currently using less office space than when the pandemic began, but many expect to increase the amount of space they occupy over the next one to five years, notes McMorrow Report.
Job Openings Near Record High at Start of 2022
New York, NY, March 10, 2022—Demand for workers remained close to a record high at the start of the year despite the disruptions of the Omicron Covid-19 variant, another sign of a muted impact of the variant on the U.S. economy, reports the Wall Street journal