| | | Jun 15, 2021 / The Right News Right When It Happens | | Top Story | | | | Lumber Prices Falling Dramatically | | New York, NY, June 15, 2021—"Lumber prices are falling back to earth,” reports the Wall Street Journal. | | |
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| | Today's Flooring News | | | | Builder Confidence Slid to 81 in June on Material Prices/Supply Challenges | | Washington, DC, June 15, 2021-Rising material prices and supply chain shortages resulted in builder confidence dipping to its lowest level since August 2020. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows that builder confidence in the market for newly built single-family homes fell two points to 81 in June. | | |
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| | | | Xpress Global Expands into NC with New Charlotte Service Center | | Chattanooga, TN, June 15, 2021—Xpress Global Systems has made a strategic expansion into the North Carolina market with the opening of a new service center in Charlotte. | | |
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| | | | Jeff West Named Brand Leader of Shaw Contract | | Dalton, GA, June 9, 2021—Shaw has named Jeff West the new brand leader of its commercial brand, Shaw Contract. | | |
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| | | Shaw Cuts Ribbon on Living Lab | | Dalton, GA, June 15, 2021-Shaw held its ribbon-cutting ceremony June 11 for a new Living Lab that will serve as a real-life test environment for residential products. | | |
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| | | Retail Sales Declined 1.3%, Driven by Supply Chain Challenges | | Washington, DC, June 15, 2021—Advance estimates of U.S. retail and food services sales for May 2021 were $620.2 billion, a decrease of 1.3% from the previous month, but 28.1% above May 2020, according to the Commerce Department. | | |
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| | | Producer Prices Rose 0.8% in May | | Washington, DC, June 15, 2021—The Producer Price Index for final demand increased 0.8% in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. | | |
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| | | April Distributive Trade Sales Rose 0.6% from March, 40.0% YOY | | Washington, DC, June 15, 2021-The combined value of distributive trade sales and manufacturers’ shipments for April was estimated at $1,621.1 billion, up 0.6% from March 2021 and was up 40.0% from April 2020, according to the U.S. Census Bureau. | | |
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| | | Industrial Production Rose 0.8% in May | | Washington, DC, June 15, 2021-Total industrial production increased 0.8% in May, according to the Federal Reserve. | | |
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| Featured Video | | | | John Stephens Discusses His New Consumer Focused Marketing Role at Shaw Industries | | June 14, 2021—John Stephens the new vp of consumer strategy for Shaw’s residential business, and Kemp Harr discuss John’s new role w | | |
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