| Mar 17, 2022 / The Right News Right When It Happens | Top Story | | Housing Starts Rose 22.3% YOY in February | Washington, DC, March 17, 2022—Privately-owned housing starts in February were at a seasonally adjusted annual rate of 1,769,000, 6.8% above the revised January estimate of 1,657,000 and 22.3% above the February 2021 rate of 1,447,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced. | |
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| Today's Flooring News | | Berkley Capital Acquires Majority Interest in Chilewich | New York, NY, March 17, 2022—Chilewich announced that Berkley Capital, the private equity investment vehicle of W. R. Berkley Corporation, has acquired a majority interest in the company. | |
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| | Alliance Flooring Presents Annual Awards at 2022 Convention | Orlando, FL, March 17, 2022-Alliance Flooring presented its 2022 awards on March 15 at a dinner sponsored by Shaw. The event was part of the annual convention, which took place at the Rosen Shingle Creek in Orlando, Florida. | |
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| | Industrial Production Rose 0.5% in February | Washington, DC, March 17, 2022—Total industrial production rose 0.5% in February to a level that is 103.6% of its 2017 average, according to the Federal Reserve. | |
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| Initial Jobless Claims Down 15K to 214K in the Week Ending March 12 | Washington, DC, March 17, 2022—In the week ending March 12, the advance figure for seasonally adjusted initial claims was 214,000, a decrease of 15,000 from the previous week's revised level, according to the Department of Labor. | |
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