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Nov 29, 2018  /  The Right News Right When It Happens
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October Pending Home Sales Fell 2.6%
Washington, DC, November 29, 2018—Pending home sales declined slightly in October in all regions but the Northeast, according to the National Association of Realtors.
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Today's Flooring News
New Home Sales Fell 8.9 Percent in October
Washington, DC, November 29, 2018—Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October after an upwardly revised September report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest sales pace since December 2016.
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Personal Income & Spending Rose in October
Washington, DC, November 29, 2018-Personal income increased $84.9 billion (0.5%) in October, according to estimates released by the Bureau of Economic Analysis.
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Irving Nusbaum of New York Carpet World Has Died
Detroit, MI, November 29, 2018-Irving Nusbaum, the face of former retail empire New York Carpet World, died November 27 at the age of 85, reports Crains Detroit Business.
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Lauzon Flooring Earns the NWFA/NOFMA Mill Certification
St. Louis, November 29, 2018--The National Wood Flooring Association has announced that Lauzon Distinctive Hardwood Flooring in Papineauville, Quebec, has earned the NWFA/NOFMA Mill Certification.
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Install Announces New Partnerships
Glassboro, NJ, November 29, 2018—Install has announced the addition of four new Alliance Partner manufacturers and a new Install warranty contractor to its ranks.
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Capel's Cindy Green Elected Secretary of Color Marketing Group
Troy, NC, November 29, 2018-Cindy Green, product design and development assistant with Capel Rugs, has been elected secretary of the Color Marketing Group.
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Coverings Celebrating 30th Anniversary
Atlanta, GA, November 29, 2018-This April marks the 30thyear of Coverings.
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Featured Video
Bob Murray Discusses the Dodge Construction Outlook for 2019
November 29, 2018—Bob Murray, Chief Economist with Dodge Data and Analytics, and Kemp Harr discuss the construction start outlook for 2019 in bo
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