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Mar 07, 2024 / The Right News Right When It Happens

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Goods & Services Deficit Widened by $3.3 Billion in January

Washington, DC, March 7, 2024—The goods and services deficit was $67.4 billion in January, up $3.3 billion from $64.2 billion in December, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Today's Flooring News

Dodge Momentum Index Declined 1.4% in February

Bedford, MA, March 7, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 1.4% in February to 180.5 (2000=100) from the revised January reading of 183.0. Over the month, commercial planning fell 2.3% and institutional planning ticked up 0.1%.

Construction Industry Job Openings Declined by 21,000 in January

Washington, DC, March 7, 2024—The construction industry had 413,000 job openings on the last day of January, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.

Emser's Impervious Wins 2024 Best of IBS Award

Los Angeles, CA, MARCH 7, 2024—Emser Tile was honored with a Best of IBS Award in the competitive Kitchen and Bath Products category at the 2024 NAHB International Builders' Show (IBS) for Empervious.

Labor Productivity Rose 3.2% in Q4

Washington, DC, March 7, 2024—Nonfarm business sector labor productivity increased 3.2% in Q4 2023, the U.S. Bureau of Labor Statistics reported, as output increased 3.5% and hours worked increased 0.3%.

Tom Cartmell Joins UNITE Board

Rockwall, TX, March 6, 2024-Robert Varden, president and CEO of UNITE Floor Training Alliance, announced that Tom Cartmell, executive vice president of Consolidated Flooring, Indianapolis, has joined the board of directors for UNITE Floor Training Alliance.

Initial Jobless Claims Flat in Week Ending March 2

Washington, DC, March 7, 2024—In the week ending March 2, the advance figure for seasonally adjusted initial claims was 217,000, unchanged from the previous week's revised level, according to the Department of Labor.