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Jan 12, 2023 / The Right News Right When It Happens

Top Story

December Inflation Slowed to 6.5%

Washington, DC, January 12, 2023—The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1% in December on a seasonally adjusted basis, after increasing 0.1% in November, the U.S. Bureau of Labor Statistics reported.

Today's Flooring News

Dodge Momentum Index Posted 6.6% Increase in December

Hamilton, NJ, January 12, 2023 — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, improved 6.6% (2000=100) in December to 222.2 from the revised November reading of 208.3. In December, the commercial component of the DMI rose 8.4%, and the institutional component ticked up 2.7%.

Shaw Announces Additional Events at 2023 SFN Convention

Dalton, GA, January 12, 2023—Shaw has announced several more breakout sessions, keynote speakers and special promotions available to both in-person and virtual attendees of its 2023 SFN Convention, just three days away in Orlando, Florida.

NTCA Announces 2023 Roster of Workshops & Trainings

Flowood, MS, January 12, 2023-The National Tile Contractors Association (NTCA) has announced 2023’s roster of NTCA workshops and regional trainings.

Initial Jobless Claims Declined by 1,000 in Week Ending January 7

Washington, DC, January 12, 2023—In the week ending January 7, the advance figure for seasonally adjusted initial claims was 205,000, a decrease of 1,000 from the previous week's revised level, according to the Department of Labor.

Kährs Adjusting Capacity for Lower Demand

Stockholm, Sweden, January 12, 2023—Kährs will adjust its capacity to meet a lower demand for flooring solutions in the residential segment in 2023, both in renovation and new built.