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Aug 15, 2024 / The Right News Right When It Happens

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Retail Sales Rose 1% in July

Washington, DC, August 15, 2024—Advance estimates of U.S. retail and food services sales for July 2024 were $709.7 billion, an increase of 1.0% from the previous month and up 2.7% from July 2023, according to the U.S. Census Bureau.

Today's Flooring News

Builder Confidence Declines to 39 in August

Washington, DC, August 15, 2024-Builder confidence in the market for newly built single-family homes was 39 in August, down two points from a downwardly revised reading of 41 in July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Import Prices Inched Up in July, Export Prices Rose 0.7%

Washington, DC, August 15, 2024—Prices for U.S. imports ticked up 0.1% in July, after being unchanged the previous month, the U.S. Bureau of Labor Statistics reported.

Industrial Production Declined 0.6% in July

Washington, DC, August 15, 2024—Industrial production fell 0.6% in July after increasing 0.3% in June, according to the Federal Reserve.

Initial Jobless Claims Declined by 7,000 in Week Ending August 10

Washington, DC, August 15, 2024—In the week ending August 10, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 7,000 from the previous week's revised level, according to the Department of Labor.

Virginia Tile Expands Partnership with American Olean & Marazzi

Livonia, MI, August 15, 2024—Virginia Tile has announced the expansion of its distribution partnership with American Olean, now extending coverage of their full product lines across Illinois, Minnesota, Wisconsin, and Iowa.

Richard Eppler Honored for 50 Years of Service in Ceramics

Clemson, SC, August 15, 2024—Tile Council of North America (TCNA) announces Richard Eppler has been honored by ASTM International for 50 years of service to the ceramics industry.