| | | Aug 10, 2023 / The Right News Right When It Happens | | Top Story | | | | U.S. Customs Continues to Block LVT Shipments from Asia. | | Chattanooga, TN, August 10, 2023—Importing LVT from Asia continues to be a source of frustration for several major importers, as roughly $200 million (at wholesale value) has been either quarantined or returned to the sender. | | |
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| | Today's Flooring News | | | | July Inflation Up 3.2% Annually | | Washington, DC, August 10, 2023-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% in July on a seasonally adjusted basis, the same increase as in June, the U.S. Bureau of Labor Statistics reported. | | |
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| | | | U.S. Crude Reaches Highest Price of 2023 | | New York, NY, August 10, 2023—"Three major factors are shaping the oil market in 2023. Two of them helped push U.S. crude on Wednesday to its highest price of the year,” according to the Wall Street Journal. | | |
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| | | | Housing Affordability Declined in Q2 2023 | | Washington, DC, August 10, 2023—Rising home prices and interest rates coupled with elevated construction costs, low existing inventory and solid demand resulted in a significant decline in housing affordability during Q2 2023. | | |
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| | | Initial Jobless Claims Rose by 21,000 in Week Ending August 5 | | Washington, DC, August 10, 2023—In the week ending August 5, the advance figure for seasonally adjusted initial claims was 248,000, an increase of 21,000 from the previous week's unrevised level of 227,000, according to the Department of Labor. | | |
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| | | Shaw Contract Has Launched StudioOne Design Suite | | Cartersville, GA, August 10, 2023-Shaw Contract unveiled StudioOne, a customized and curated suite of design services. | | |
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