Floordaily

Jan 14, 2022 / The Right News Right When It Happens

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December Retail Sales Down 1.9% from Nov., but Up 16.9% YOY

Washington, DC, January 14, 2022-Advance estimates of U.S. retail and food services sales for December 2021 were $626.8 billion, a decrease of 1.9% from the previous month but 16.9% above December 2020, according to the U.S. Census Bureau.

Today's Flooring News

U.S. Hardwood Flooring Imports Rose 25% in October

Washington, DC, January 14, 2022— U.S. hardwood flooring imports grew by 25% year over year in October, reports the Decorative Hardwoods Association.

January Consumer Sentiment at Second-Lowest Rate in a Decade

Ann Arbor, MI, January 14, 2022-Consumer sentiment declined 2.5% to 68.8 in early January, according to the University of Michigan Survey of Consumers.

Mortgage Rates Hit Pandemic High

New York, NY, January 14, 2022—Mortgage rates have hit their highest level since March 2020, the month the coronavirus pandemic took hold in the U.S. and roiled markets, reports the Wall Street Journal.

Total Solutions Plus Slated for California in November

Glen Ellyn, IL, January 14, 2022—The 2022 Total Solutions Plus event will take place November 6 to 8 at the Hyatt Regency Indian Wells in Indian Wells, California.

Import Prices Down 0.2% in December, Export Prices Down 1.8%

Washington, DC, January 14, 2022—U.S. import prices declined 0.2% in December, after rising 0.7% in November, the U.S. Bureau of Labor Statistics reported.

Industrial Production Declined 0.1% in December

Washington, DC, January 14, 2022—Industrial production declined 0.1% in December, according to the Federal Reserve.

Distributive Trade Sales Up 0.7% in November

Washington, DC, January 14, 2022—The combined value of distributive trade sales and manufacturers’ shipments for November was estimated at $1,723.7 billion, up 0.7% from October 2021 and was up 17.6% from November 2020.

I4F Bringing Three New Technologies to Surfaces

Hamont, Belgium, January 14, 2022—I4F, a group of companies providing patents and technologies to the flooring industry, is exhibiting at The International Surface Event (TISE) Surfaces 2022 taking place at the Mandalay Bay Convention Center in Las Vegas on February 1 to 3.

Unilin Introduces Grouted Techonology for SPC

Waregem, Belgium, January 14, 2022—Unilin is launching a new type of bevel for resilient floors that look like a grouted groove.