| | | Feb 24, 2022 / The Right News Right When It Happens | | Top Story | | | | Q4 GDP Revised Up to 7% in Second Estimate | | Washington, DC, February 24, 2022-Real gross domestic product (GDP) increased at an annual rate of 7.0% in Q4 2021, following an increase of 2.3% in Q3, according to the Bureau of Economic Analysis. | | |
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| | Today's Flooring News | | | | Shaw, EF and Mohawk Roll Out Price Increases, Effective in April | | Chattanooga, TN, February 24, 2022—Shaw, Engineered Floors and Mohawk have announced prices increases. | | |
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| | | | CFL Granted Patent on GridTech SPC Extrusion Technology | | Hong Kong, February 23, 2022-CFL Flooring (Creative Flooring Solutions) has been granted a patent from the United States Patent and Trademark Office for the GridTech SPC Extrusion Technology used on its acoustic multilayer flooring products and other SPC based products. | | |
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| | | | BASF Announces Price Increase on Caprolactam & Polyamide 6 | | Wyandotte, MI, February 24, 2022-Effective March 1, or as contracts allow, BASF will increase prices for caprolactam and polyamide 6 (PA6) by $0.10 per pound in North America. | | |
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| | | January New Home Sales Dipped 4.5% | | Washington, DC, February 24, 2022—Sales of new single-family houses in January 2022 were at a seasonally adjusted annual rate of 801,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.5% below the revised December rate of 839,000 and 19.3% below the January 2021 estimate of 993,000. | | |
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| | | Initial Jobless Claims Declined by 17K in Week Ending February 19 | | Washington, DC, February 24, 2022-In the week ending February 19, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 17,000 from the previous week's revised level, according to the Department of Labor. | | |
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| | | Beaulieu International Group Announces Price Increase | | Waregem, Belgium, February 24, 2022—Beaulieu International Group (B.I.G.) announces further price increases for its flooring product brands to take effect in Q2 2022, or as contract terms allow. | | |
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| Featured Video | | | | Rick Myers Discusses Myers Floors' Growth and Outlook | | February 24, 2022—Rick Myers, owner of Myers Floors, an independent retailer with stores in Dalton, Atlanta and Nashville, and Kemp Harr discuss | | |
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