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FloorDaily.net News & Interviews (February 15, 2017)


Today's Interview

Eric Demaree Discusses the Highlights of Carpet One's Winter Convention in Phoenix 

February 15, 2017-Eric Demaree, president of Carpet One, and Kemp Harr discuss a few of the key take aways from Carpet One's winter convention in Phoenix at the end of January. Listen to the interview to hear more about the overall growth of the group, plus how the members are addressing the free installation offer from both Home Depot and Lowe's.

Listen at FloorDaily.net

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Today's News
Consumer Prices Rose 0.6% in January, Largest Gain in Four Years

Washington, DC, February 15, 2017-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported. Read at FloorDaily.net

 

VP of Marketing Mike Zoellner Retiring from Mohawk after 40 Years

Calhoun, GA, February 15, 2017-As Mohawk's vice president of marketing services Mike Zoellner celebrates his 40th anniversary with the company, he announces his retirement from Mohawk Industries, ending a successful 40-year career in the flooring industry. Read at FloorDaily.net

 

Builder Confidence Declines Two Points in February to 65

Washington, DC, February 15, 2017-Builder confidence in the market for newly-built single-family homes declined two points in February to a level of 65 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Read at FloorDaily.net

 

Retail Sales in Jan. Rose 5.6% YOY, According to Advance Estimate

Washington, DC, February 15, 2017-Advance estimates of U.S. retail and food services sales for January 2017 were $472.1 billion, an increase of 0.4% from the previous month and 5.6% above January 2016, the Census Bureau announced. Read at FloorDaily.net

 

January's Rate of Industrial Production Fell 0.3%

Washington, DC, February 15, 2017-Industrial production decreased 0.3% in January following a 0.6% increase in December, according to the Federal Reserve. Read at FloorDaily.net

 

Disturb. Trade Sales and Manufacturers' Shipments Up 2.0% in Dec.

Washington, DC, February 15, 2017-The combined value of distributive trade sales and manufacturers' shipments for December was estimated at $1,356.0 billion, up 2.0% from November 2016 and was up 5.2% from December 2015, according to the Census Bureau. Read at FloorDaily.net

 

Material Cost Rises Squeezing Contractors' Margins

Arlington, VA, February 15, 2017-The cost of materials and services used in construction rose markedly faster than the price of completed buildings, according to a new analysis of federal producer price data released today by the Associated General Contractors of America. Read at FloorDaily.net

 

 

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