Floordaily

Feb 01, 2023 / The Right News Right When It Happens

Top Story

CCA Global Foregoes Summer Convention to Focus on Retail 2.0 Rollout

Manchester, NH, January 30, 2023-At the close of CCA Global meeting in Phoenix, Arizona, the group announced that it would not hold a summer convention.

Today's Flooring News

Mohawk Announces SmartStrand Marketing Campaign with Rhinory

Calhoun, GA, February 1, 2023-Announced the first day of The International Surface Event in Las Vegas, Mohawk is partnering with Rhinory on a life-sized marketing campaign for SmartStrand that is tied to a big cause.

Nox Will Transition to Sustainable Product Chemistries

Seoul, South Korea, February 1, 2023—Nox Corporation, a global LVT (luxury vinyl tile) manufacturer, declared its plan for the transition to sustainable raw materials contributing to carbon reduction in all products.

Construction Spending Declined 0.4% in December

Washington, DC, February 1, 2023—Construction spending during December 2022 was estimated at a seasonally adjusted annual rate of $1,809.8 billion, 0.4% below the revised November estimate of $1,817.3 billion, according to the U.S. Census Bureau. The December figure is 7.7% above the December 2021 estimate of $1,681.0 billion.

Private Sector Employment Added 106,000 jobs in January

Roseland, NJ, February 1, 2023—Private sector employment increased by 106,000 jobs in January, and annual pay was up 7.3% year-over-year, according to the January ADP National Employment Report.

Mortgage Applications Declined 9.0% in Week Ending January 27

Washington, DC, February 1, 2023—Mortgage applications decreased 9.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2023.

Job Openings Rose to 11 Million in December

Washington, DC, February 1, 2023—The number of job openings increased to 11.0 million on the last business day of December, the U.S. Bureau of Labor Statistics reported.

December Purchasing Manager Index Declined to 48.4%

Tempe, AZ, February 1, 2023—The December Manufacturing Purchasing Managers Index (PMI) registered 48.4%, 0.6 percentage point lower than the 49% recorded in November.