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Feb 15, 2024 / The Right News Right When It Happens

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Builder Sentiment Rose 4 Points to 48 in February

Washington, DC, February 15, 2024—Builder confidence in the market for newly built single-family homes climbed four points to 48 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released. This is the highest level since August 2023.

Today's Flooring News

Retail Sales Declined 0.8% in January

Washington, DC, February 15, 2024—Advance estimates of U.S. retail and food services sales for January 2024 were $700.3 billion, down 0.8% from the previous month and up 0.6% above January 2023, according to the U.S. Census Bureau.

Import & Export Prices Rose 0.8% in January

Washington, DC, February 15, 2024—Prices for U.S. imports advanced 0.8% in January following a 0.7% decline the previous month, the U.S. Bureau of Labor Statistics reported.

Shaw Invests in Wind Energy Through BHE Renewables

Dalton, GA, February 15, 2024—Shaw Industries announces a virtual power purchase agreement (VPPA) with BHE Renewables, a Berkshire Hathaway Energy business.

Industrial Production Declined 0.1% in January

Washington, DC, February 15, 2024—Industrial production edged down 0.1% in January after recording no change in December, according to the Federal Reserve.

Initial Jobless Claims Declined by 8,000 in Week Ending February 10

Washington, DC, February 15, 2024—In the week ending February 10, the advance figure for seasonally adjusted initial claims was 212,000, a decrease of 8,000 from the previous week's revised level, according to the Department of Labor.

Mullican Hires Air Force Veteran as Quality Control Lead

Johnson City, TN, February 15, 2024—Mullican Flooring, a U.S. manufacturer of hardwood flooring, announces that Steve Black has been named quality control manager for the company.

Flooring Sustainability Summit Announces Keynotes

Arlington, VA, February 15, 2024-The Flooring Sustainability Summit, taking place July 17 to 18 in Washington, D.C., will feature an opening keynote panel of from the architecture, interior design, and green building community.

Distrib. Trade Sales & Manu. Shipments Up 0.4% in December

Washington, DC, February 15, 2024— The combined value of distributive trade sales and manufacturers’ shipments for December was estimated at $1,863.6 billion, up 0.4% from November 2023 and was up 2.2% from December 2022, according to the U.S. Census Bureau.

Mannington Forms Partnership with Feeding America

Salem, NJ, February 15, 2024—Mannington Mills has formed a corporate philanthropic partnership with Feeding America.

Charlie Eitel's Assault Charge Reduced to Misdemeanor

Naples, FL, February 15, 2024-Charlie Eitel’s felony charge of assault last month has been reduced to a misdemeanor charge, according to records from the Collier County, Fla., court, reports Furniture Today.