| May 12, 2022 / The Right News Right When It Happens | Top Story | | Initial Jobless Claims Rose 1K to 203K in Week Ending May 7 | Washington, DC, May 12, 2022-In the week ending May 7, the advance figure for seasonally adjusted initial claims was 203,000, an increase of 1,000 from the previous week's revised level, according to the Department of Labor. | |
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| Today's Flooring News | | Benchwick Announces Private Placement for Continued Growth | New York, NY, May 12, 2022-Benchwick has announced that its parent company, Northann Corporation, just completed a round of private placement to enable more investment in the company’s plans for growth in the U.S. | |
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| | Producer Prices Rose 0.5% in April, Says Bureau of Labor | Washington, DC, May 12, 2022-The Producer Price Index for final demand increased 0.5% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This rise followed advances of 1.6% in March and 1.1% in February. | |
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| | Tarkett Meets +Vantage Vinyl Requirements | Solon, OH, May 12, 2022—Tarkett has met all the requirements of +Vantage Vinyl, an industry-wide sustainability initiative that engages companies across the U.S. vinyl value chain. | |
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| LL Flooring & NFCAP Open Installation Training Facility in Texas | Richmond, VA, May 12, 2022—LL Flooring and the National Flooring Contractors Apprenticeship Program (NFCAP) have opened the initiative’s first training facility in partnership with the Gary Job Corps Center in San Marcos, Texas. | |
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