| Feb 16, 2022 / The Right News Right When It Happens | Top Story | | Retail Sales Rose 3.8% in January | Washington, DC, February 16, 2022-Advance estimates of U.S. retail and food services sales for January 2022 were $649.8 billion, an increase of 3.8% from the previous month and 13.0% above January 2021, according to the U.S. Census Bureau. | |
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| Today's Flooring News | | Builder Confidence Down 1 Point to 82 in February but Remains Strong | Washington, DC, February 16, 2022--Builder confidence in the market for newly built single-family homes moved one point lower to 82 in February, marking the second straight month that confidence levels have declined by a single point, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). | |
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| | Galleher Adds New Branch in North Phoenix | Phoenix, AZ, February 16, 2022-Galleher is expanding its presence in Arizona by opening its second full-service branch in the Deer Valley area of North Phoenix. | |
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| | Jim Tasillo Named President of Fierst | Pittsburgh, PA, February 16, 2022-Fierst Distributing Company has named Jim Tasillo as its new president, replacing Steve Feinstein who will remain as board chairman. | |
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| Distributor Sales & Manufacturer Shipments Down 0.7% in December | Washington, DC, February 16, 2022—The combined value of distributive trade sales and manufacturers’ shipments for December was estimated at $1,717.2 billion, down 0.7% from November 2021 but was up 15.9% from December 2020, according to the U.S. Census Bureau. | |
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| Mapei Celebrating 85 Years of Business in 2022 | Milan, IT, February 16, 2022—Mapei is celebrating 85 years of business. | |
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| Import Prices Rose 2.0% in January; Export Prices Rose 2.9% | Washington, DC, February 16, 2022—Prices for U.S. imports advanced 2.0% in January following a 0.4% drop in December, the U.S. Bureau of Labor Statistics reported. | |
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| Dogwood Named A 2022 Innovative Product by Beautiful Kitchens & Baths | Mountville, PA, February 16, 2022-Dogwood Densified Wood Flooring from Bruce was named one of the "30 Most Innovative Products for 2022" presented by Dotdash Meredith's Beautiful Kitchens & Baths magazine. | |
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| Mortgage Applications Declined 5.4% in Week Ending February 11 | Washington, DC, February 16, 2022—Mortgage applications decreased 5.4% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 11, 2022. | |
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| NALFA & IFCII Partner for Inspectors Course | Washington, DC, February 16, 2022—NALFA announces its partnership with IFCII to offer new and existing NALFA inspectors an opportunity to complete or renew their certification status. | |
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Featured Video | | Thomas Baert Showcases CFL/FirmFit's New Products and U.S. Expansion at Surfaces 2022 | February 16, 2022—Thomas Baert, President of CFL/FirmFit, and Kemp Harr discuss CFL’s global footprint, new U.S. factory and product focus | |
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