Floordaily

Aug 29, 2024 / The Right News Right When It Happens

Top Story

Q2 GDP Increased to 3% in Second Estimate

Washington, DC, August 29, 2024-Real gross domestic product (GDP) increased at an annual rate of 3.0% in Q2 2024, according to the second estimate released by the U.S. Bureau of Economic Analysis.

Today's Flooring News

Pending Home Sales Declined 5.5% in July

Washington, DC, August 29, 2024-Pending home sales in July retreated 5.5%, according to the National Association of Realtors.

Initial Jobless Claims Declined by 2,000 in Week Ending August 24

Washington, DC, August 29, 2024—In the week ending August 24, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.

Employers Resetting Worker Pay Levels

Washington, DC, August 29, 2024-"Bosses are quietly trying to reset worker pay levels, saying the era of overpaying for talent is over,” reports the Wall Street Journal.

Paul Walker Named President & COO of Cain & Bultman

Jacksonville, FL, August 29, 2024—Cain & Bultman has named Paul Walker president and COO.

Toledo Flooring Installer Arrested for Burglary and Theft

Toledo, OH, August 29, 2024—Toledo, Ohio flooring installer Aaron L. Short, 29, is facing one second-degree felony count of burglary and one fifth-degree count of theft, reports the Sandusky Register.