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Mar 12, 2024 / The Right News Right When It Happens

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All-Items Price Index Rose 3.2% in February

Washington, DC, March 12, 2024-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the U.S. Bureau of Labor Statistics reported.

Today's Flooring News

Ceramic Imports Declined 7.9% YOY in January

Brooklyn, NY, March 12, 2023--In the month of January 2024, total U.S. imports of ceramic tile were 13.79 million square meters, according to Grosser Consulting, a 7.9% decline compared to January 2023’s 14.97 million square meters.

Construction Backlog Declined to 8.1 Months in February

Washington, DC, March 12, 2024-Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.1 months in February, according to an ABC member survey conducted February 20 to March 5. The reading is down 1.1 months from February 2023.

Small Business Optimism Declined to 89.4 in February

Washington, DC, March 12, 2024—The NFIB Small Business Optimism Index decreased in February to 89.4, marking the 26th consecutive month below the 50-year average of 98.