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Mar 04, 2021 / The Right News Right When It Happens

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Dixie Group Sales Decline 16% for 2020, Profitable in Second Half

Dalton, GA, March 4, 2021-The Dixie Group reported net sales of $315,939,000 for fiscal year 2020, a 16% decline compared to sales of $374,582,000 in fiscal year 2019.

Today's Flooring News

Gerflor's NCAA Official Sports Court Partnership Renewed

Chicago, IL, March 4, 2021-The NCAA has renewed its Official Court partnership agreement with Connor Sports and Gerflor USA through 2025 to include the manufacture, installation and technical management of all hardwood surfaces for the men’s and women’s basketball championships, which includes both Final Fours.

Mortgage Rate Above 3% for First Time Since July

Washington, DC, March 4, 2021—The average rate on a 30-year fixed-rate mortgage rose to 3.02%, according to Freddie Mac.

Productivity Decreased 4.2% in Q4 2020

Washington, DC, March 4, 2021—Nonfarm business sector labor productivity decreased 4.2% in the Q4 2020, the U.S. Bureau of Labor Statistics reported, as output increased 5.5% and hours worked increased 10.1%.

Küberit Now a Starnet Preferred Vendor Partner

Lewis Center, OH, March 4, 2021—Küberit is now a Starnet Preferred Vendor Partner.

Orders for Manufactured Goods Up 2.6% in January

Washington, DC, March 4, 2021—New orders for manufactured goods in January, up nine consecutive months, increased $13.1 billion or 2.6% to $509.4 billion, the U.S. Census Bureau reported.

TheMart Reports on Showroom Leasing Ahead of NeoCon 2021

Chicago, IL, March 4, 2021-TheMart is pleased to announce that 11 leading manufacturers have established new showrooms and 19 other existing tenants have renewed or expanded their spaces ahead of NeoCon 2021.

Cersaie Reports on 2021 Event

Bologna, IT, March 4, 2021-Cersaie will be back in the Bologna Exhibition Centre from September 27 to October 1.

Initial Unemployment Claims Rose by 9,000 in Last Week of Feb.

Washington, DC, March 4, 2021—In the week ending February 27, the advance figure for seasonally adjusted initial claims was 745,000, an increase of 9,000 from the previous week's revised level, according to the Department of Labor.