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Mar 14, 2023 / The Right News Right When It Happens

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Inflation Cooled to 6% in February

Washington, DC, March 14, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in February on a seasonally adjusted basis, after increasing 0.5% in January, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 6.0% before seasonal adjustment.

Today's Flooring News

Välinge and Bjelin Merge Under Bjelin Brand Name

Stockholm, Sweden, March 14, 2023-Välinge and Bjelin have merged to form one company under the Bjelin brand.

NFIB Small Business Optimism Index Rose to 90.9 in February

Washington, DC, March 14, 2023—The NFIB Small Business Optimism Index increased 0.6 points in February to 90.9 but remains below the 49-year average of 98.

Michel Vermette Named CEO of America’s Floor Source

Columbus, OH, March 13, 2023-Michel Vermette has been named CEO and CFO of America’s Floor Source.

Fred Essis, CEO of Essis and Sons, Has Died

Lewisburg, PA, March 14, 2023-Fred Essis, 82, president and CEO of Essis and Sons, died March 3.

Roth MKM Releases Survey Insights on Millennial Consumer Habits

Newport Beach, CA, March 14, 2023—Roth MKM, an investment bank focused on advising and financing growth companies, announced the release of its 2023 Millennial Survey, a proprietary survey examining current trends, spending patterns and favorite brands across eight consumer categories.

Terry Blanchard Named Interim CFO of LL Flooring

Richmond, VA, March 14, 2023-LL Floring has appointed Terry Blanchard as the interim CFO.