Articles
Where have all the workers gone?
If your company is having trouble finding qualified workers to fill open positions, you’re certainly not alone. Many companies have been forced to cut back services, extend deadlines or even turn down new business because of labor shortages. There are more than twice as many job openings nationally at present as there are unemployed persons, according to the U.S. Department of Labor. Read More
Italian ceramic industry enjoys a record-breaking 2021
The Italian ceramic industry, consisting of a total of 263 companies with 26,537 employees and activities spanning tiles, sanitaryware, tableware, refractory materials and bricks, posted a record total turnover of €7.5 billion in 2021, up 21% on 2020 and 14.5% on 2019. This represents an approximately €1 billion increase in sales in the space of two years. Read More
Larger quantities of German clays to be shipped to Italy
According to a Memorandum of Understanding signed on 23 June in Munich between Confindustria Ceramica and BKRI (Bundesverband Keramische Rohstoffe und Industrieminerale, the German association of producers of raw materials for ceramics and industrial minerals), shipments of German clays for use by the Italian tile industry will be increased by 10% by the end of August and by up to 30% by the end of December. Read More
BEA News: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), First Quarter 2022
Real gross domestic product (GDP) decreased at an annual rate of 1.6 percent in the first quarter of 2022, following an increase of 6.9 percent in the fourth quarter of 2021. The decrease was revised down 0.1 percentage point from the "second" estimate released in May. In the first quarter, there was a resurgence of COVID-19 cases from the Omicron variant and decreases in government pandemic assistance payments. Read More
RēCo Report 2022
The annual RēCo Market Intelligence Report has held strong for 19 years. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. Read More