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Sep 15, 2022  /  The Right News Right When It Happens
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August Retail Sales Rose 0.3% from July, Up 9.1% YOY
Washington, DC, September 15, 2022—Advance estimates of U.S. retail and food services sales for August 2022 were $683.3 billion, an increase of 0.3% from the previous month, and 9.1% above August 2021, according to the U.S. Census Bureau.
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Today's Flooring News
Diverzify VP Bill Bonner Has Died
Chicago, IL, September 15, 2022-Bill Bonner, vice president of marketing and communications for Diverzify, died of cancer the weekend of September 10.
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Initial Jobless Claims Declined by 5,000 in Week Ending September 10
Washington, DC, September 15, 2022— In the week ending September 10, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 5,000 from the previous week's revised level, according to the Department of Labor.
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Import Prices Declined 1% in August, Export Prices Down 1.6%
Washington, DC, September 15, 2022—Prices for U.S. imports declined 1.0% in August following a 1.5% decrease in July, the U.S. Bureau of Labor Statistics reported.
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Shaw's ReWorx Recognized in Fast Company's 2022 Design Awards
Dalton, GA, September 15, 2022—Shaw’s ReWorx flooring has been recognized in Fast Company’s Innovation by Design Awards for 2022, which honor the designers and businesses solving the most crucial problems of today and anticipating the pressing issues of tomorrow.
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Industrial Production Declined 0.2% in August
Washington, DC, September 15, 2022—Industrial production decreased 0.2% in August, according to the Federal Reserve.
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Distributive Trade Sales Down 0.9% in July
Washington, DC, September 15, 2022-The combined value of distributive trade sales and manufacturers’ shipments for July was estimated at $1,839.5 billion, down 0.9% from June 2022, but was up 12.5% from July 2021.
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Number of Americans Working Remotely Tripled from 2019 to 2021
New York, NY, September 15, 2022—"The number of Americans working remotely more than tripled in 2021 from 2019, according to new federal data, and the trend shows signs of persisting this year,” reports the Wall Street Journal.
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The Floor Store Employee, Delta Queen, Arrested for Theft
Hot Springs, AR, September 15, 2022—Delta Queeen, an employee of The Floor Store’s Hot Spring, Arkansas location, was arrested for stealing more than $2,000 from the business, reports The Sentiinel-Record.
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Featured Video
Ian Newton Discusses Flooring 101's Growth and His Future Role as President of the NFA
September 15, 2022—Ian Newton, general manager with Flooring 101 and president-elect with the National Floorcovering Alliance (NFA), and Kemp Ha
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