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Dec 07, 2021  /  The Right News Right When It Happens
Top Story
E.J. Welch Acquires Dealers Supply Company
Earth City, Missouri, December 6, 2021-E.J. Welch Company, a building materials distributor based in Earth City, Missouri, has acquired the assets of Dealers Supply Company, based in Durham, North Carolina.
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Today's Flooring News
Interface Announces Commercial Price Increase
Atlanta, GA, December 7, 2021—Interface is implementing a price increase of up to 10% across its commercial flooring portfolio—including carpet tile, LVT, Nora rubber and adhesives—effective with all orders shipped on or after January 3, 2022.
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Q3 Productivity Down 5.2%, Largest Decline in 61 Years
Washington, DC, December 7, 2021—Nonfarm business sector labor productivity decreased 5.2% in Q3 2021, the U.S. Bureau of Labor Statistics reported, as output increased 1.8% and hours worked increased 7.4%.
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Dodge Momentum Index Down 4% in November
Hamilton, NJ, December 7, 2021—The Dodge Momentum Index fell 4% in November to 171.7 (2000=100) — down from the revised October reading of 178.1.
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Goods & Services Deficit Narrowed by $14.3B in October
Washington, DC, December 7, 2021—The goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
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Zeftron Releases Radically Modern Color Booklet
Dalton, GA, December 7, 2021—Zeftron nylon, a premium nylon 6 solution-dyed yarn system for commercial carpets, announces a new design resource to inspire commercial interior designers to experiment and think about ways to take risks in their designs for commercial interior settings, including carpet.
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