Industrial Production Rose 0.9% in December
Washington, DC, January 17, 2025—Industrial Production (IP) increased 0.9% in December after moving up 0.2% in November, 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.
Builder Confidence Rose 1 Point to 47 in January
Washington, DC, January 16, 2025—Builder confidence in the market for newly built single-family homes was 47 in January, up one point from December, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
December Retail Sales Rose 0.4% from Nov., Up 3.9% YOY
Washington, DC, January 16, 2025—Advance estimates of U.S. retail and food services sales for December 2024 were $729.2 billion, an increase of 0.4% from the previous month and up 3.9% from December 2023, according to the U.S. Census Bureau.
Import Prices Rose 0.1% in December, Export Prices Up 0.3%
Washington, DC, January 16, 2025—U.S. import prices advanced 0.1% in December following a 0.1% increase in each of the previous two months, the U.S. Bureau of Labor Statistics reported.
Uzin Utz NA Names Marco Ludwig President
Aurora, CO, January 16, 2025—Uzin Utz North America Inc. is pleased to announce Marco Ludwig's appointment as president.
Atlas Concorde Opens Design Studio in Paris
Paris, France, January 16, 2025—Atlas Concorde has announced the opening of Atlas Concorde Studio Paris, consolidating its international presence in the heart of Paris.
Initial Jobless Claims Rose by 14,000 in Week Ending January 11
Washington, DC, January 16, 2025—In the week ending January 11, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 14,000 from the previous week's revised level, the U.S. Bureau of Labor Statistics reported.
ITR's Lokar Says Industrial Production Recession Has Ended
Orlando, FL, January 15, 2025-Speaking at CCA Global's ConneXtion conference in Orlando, Florida, ITR economist Connor Lokar reported that U.S. industrial production--which more closely mirrors the flooring industry than GDP--has been in recession for the last 18 to 24 months, but that is changing.
CCA Names 2025 Hileman & Greenberg Award Winners
Orlando, FL, January 15, 2025-CCA presented several awards at its 2025 ConneXtion conference, taking place in Orlando, Florida.
Mortgage Applications Rose 33.3% in Week Ending January 10
Washington, DC, January 15, 2025—Mortgage applications increased 33.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 10, 2025.