Productivity Rose by 10.1% in Q2
Washington, DC, September 3, 2020-Nonfarm business sector labor productivity increased 10.1% in Q2 2020, the U.S. Bureau of Labor Statistics reported, as output decreased 37.1% and hours worked decreased 42.9%.
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.
Schluter Opens New Distribution/Training Facility in Dallas
Dallas, Texas, September 3, 2020—Schluter-Systems is opening a new distribution center, office and training facility in Dallas-Fort Worth, Texas on September 1.
Balance of Trade Expanded by $10.1 Billion in July
Washington, DC, September 3, 2020-The goods and services deficit was $63.6 billion in July, up $10.1 billion from $53.5 billion in June, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Roger Davis, Formerly of J+J, Has Died
Lubbock, TX, September 3, 2020—Roger Davis, 58, died August 31 of colon cancer.
Initial Unemployment Claims Fell by 130K in Last Week of August
Washington, DC, September 3, 2020—In the week ending August 29, the advance figure for seasonally adjusted initial claims was 881,000, a decrease of 130,000 from the previous week's revised level, according to the Department of Labor.
Registration Open for Fall 2020 High Point Market
High Point, NC, September 3, 2020—Registration is open for the Fall 2020 High Point Market, scheduled for October 13 to 21.
Hoy Lanning Set to Step Down as CEO of J.J. Haines in Dec. 2021
Glen Burnie, MD, September 2, 2020-After 43 years in the flooring industry, Hoy Lanning has set a retirement date of December 31, 2021.
New Orders for Manufactured Goods Rose 6.4% in July
Washington, DC, September 2, 2020-New orders for manufactured goods in July, up three consecutive months, increased $27.8 billion or 6.4% to $466.1 billion, the U.S. Census Bureau has reported.
Chet Derr of Derr Flooring Company Has Died
Dresher, PA, September 2, 2020-Chet Derr, president of Derr Flooring Company, died August 28.
NAHB Reports on Suburban Shift in Homebuilding
Washington, DC, September 2, 2020—Small metro suburbs accounted for the fastest growing geographical areas for single-family construction during the second quarter, up 10.6% on a four-quarter moving average basis, reports the Q2 National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).