| | | Oct 25, 2017 / The Right News Right When It Happens | | Top Story | | | | New Home Sales Jumped 18.9% in September to Ten-Year High | | Washington, DC, October 25, 2017ÂSales of new single-family houses in September 2017 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. | | |
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| | Today's Flooring News | | | | LL Settles Class-Action Suits in Chinese Laminate Case for $36M | | Toano, VA, October 25, 2017ÂLumber Liquidators and several proposed classes of plaintiffs in the Formaldehyde MDL (MDL 2627) have announced the entry into a Memorandum of Understanding to settle all litigation related to the Chinese-manufactured laminate flooring previously sold by Lumber Liquidators pending in the two Multi-District Litigations in the Eastern District of Virginia. | | |
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| | | | Home Depot Eliminating Chemicals of Concern from Products | | Atlanta, GA, October 25, 2017ÂHome Depot is eliminating substances like formaldehyde and lead in several categories, reports Bloomberg News. | | |
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| | | | Durable Goods Orders Rose 2.2% in September | | Washington, DC, October 25, 2017ÂNew orders for manufactured durable goods in September increased $5.1 billion or 2.2% to $238.7 billion, the U.S. Census Bureau announced. | | |
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| | | Retirement of Redi Carpet CEO Greg Waleke Announced | | Atlanta, GA, October 25, 2017ÂAt the FEI Group meeting in San Antonio, Texas, the group announced the official retirement of industry veteran Greg Waleke. | | |
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| | | Houzz Q3 Renovation Barometer Reports Positive Outlook | | Palo Alto, CA, October 25, 2017ÂHouzzÂs Q3 2017 Houzz Renovation Barometer reflected high quarter-over-quarter confidence for all industry sectors, including architects, designers, general contractors (GCs)/remodelers, design-build, specialty building/renovation and specialty landscape/outdoor, with readings of 62 or higher. Expectations for Q4 are strong across all sectors. | | |
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| | | FEI Group Names Members of the Year | | Atlanta, GA, October 25, 2017ÂThe FEI Group named its members of the year at its conference in San Antonio, Texas. | | |
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| | | Flooring Association Northwest Gives Lifetime Achievement Award | | Bellevue, WA, October 25, 2017ÂFlooring Association NorthwestÂs board of directors has selected John Ferguson, of Pacific Mat & Commercial Flooring, to receive the 2017 Lifetime Achievement Award. | | |
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| Featured Video | | | | Jay Smith Discusses the Highlights of The FEI Group's 2017 Meeting in Texas | | October 25, 2017—Jay Smith, President of the FEI Group (FloorExpo), and Kemp Harr discuss the highlights of this year's meeting—held last | | |
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