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Aug 27, 2020  /  The Right News Right When It Happens
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Mohawk & Engineered Floors Raise Prices on Soft Surface Flooring
Chattanooga, TN, August 27, 2020-Both Mohawk and Engineered Floors have announced price increases on soft surface products.
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Today's Flooring News
Pending Home Sales Rose 5.9% in July
Washington, DC, August 27, 2020—The Pending Home Sales Index rose 5.9% to 122.1 in July, according to the National Association of Realtors.
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GDP Slid 31.7% in Q2, Says BEA in Second Estimate
Washington, DC, August 27, 2020—Real gross domestic product (GDP) decreased at an annual rate of 31.7% in Q2 2020, according to the second estimate released by the Bureau of Economic Analysis.
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Initial Jobless Claims Declined by 98K in Third Week of August
Washington, DC, August 27, 2020—In the week ending August 22, the advance figure for seasonally adjusted initial claims was 1,006,000, a decrease of 98,000 from the previous week's revised level, according to the Department of Labor.
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