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Positive predictions amid all the uncertainty

Floor Covering News

Although there are adjustments to the pace of business on the horizon, rest assured America will remain a power player in the global economy for many years to come. Not until late 2025 and into 2026.” But looking forward, companies can expect a bit of a break. The bond market is not reacting in an overly aggressive way.”.

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Retailers weigh in on effect of rising minimum wage

Floor Covering News

Most dealers said their sales and administrative teams are compensated well above minimum wage. Likewise, Tim Schoolfield, owner of CountrySide Flooring America, O’Fallon, Mo., In November 2020, Florida voters passed a Constitutional Amendment that will gradually raise the minimum wage to $15 per hour by 2026.

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Economics: ITR forecast signals return to ‘normalized’ growth

Floor Covering News

Retail sales trends. One of the many leading indicators ITR Economics examines in its forecasting models is retail sales trends. Retail sales are, of course, going to slow down,” Beaulieu said, citing the absence of stimulus funding that was injected into the U.S. In fact, retail sales are doing well in many parts of the world.