| Mar 14, 2024 / The Right News Right When It Happens | Top Story | | Retail Sales Rose 0.6% in February | Washington, DC, March 14, 2024-Advance estimates of U.S. retail and food services sales for February 2024 were $700.7 billion, up 0.6% from the previous month and up 1.5% above February 2023, according to the U.S. Census Bureau. | |
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| Today's Flooring News | | Producer Price Index Rose 0.6% in February | Washington, DC, March 14, 2024—The Producer Price Index for final demand rose 0.6% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. | |
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| | Construction Input Prices Rose 1.4% in February | Washington, DC, March 14, 2024—Construction input prices increased 1.4% in February compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 1.3% for the month. | |
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| | Initial Jobless Claims Declined by 1,000 in Week Ending March 9 | Washington, DC, March 14, 2024—In the week ending March 9, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of 1,000 from the previous week's revised level, according to the Department of Labor. | |
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| Distrib. Trade Sales & Manu. Shipments Down 1.3% in January | Washington, DC, March 14, 2024—The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,833.3 billion, down 1.3% from December 2023 and was down 1.2% from January 2023, according to the U.S. Census Bureau. | |
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| Mannington's Adura LVT to Be Featured on Rock The Block | Salem, NJ, March 14, 2024—Mannington’s Adura luxury vinyl flooring will be featured on the upcoming season of HGTV’s renovation competition series, Rock The Block. | |
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Featured Video | | Connor Lokar Discusses ITR's Perspective on How Economic Conditions will Impact Flooring Demand | March 14, 2024—Connor Lokar, an Economist with ITR, and Kemp Harr discuss the near term outlook for flooring demand based on where the U.S. econ | |
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