| | | Aug 30, 2023 / The Right News Right When It Happens | | Top Story | | | | Pending Home Sales Rose 0.9% in July | | Washington, DC, August 30, 2023-Pending home sales increased 0.9% in July-rising for the second consecutive month-according to the National Association of Realtors. | | |
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| | Today's Flooring News | | | | Q2 2023 GDP Revised Down to 2.1% in Second Estimate | | Washington, DC, August 30, 2023—Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q2 2023, according to the second estimate released by the Bureau of Economic Analysis. | | |
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| | | | Mortgage Applications Rose 2.3% in Week Ending August 25 | | Washington, DC, August 30, 2023—Mortgage applications increased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 25, 2023. | | |
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| | | | Private-Sector Employment Rose by 177,000 Jobs in August | | Roseland, NJ, August 30, 2023—Private sector employment increased by 177,000 jobs in August, and annual pay was up 5.9% year-over-year, according to the August ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab. | | |
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| | | NTCA Releases Annual Contractor Reference Manual for 2023 | | Flowood, MS, August 30, 2023-The National Tile Council of America (NTCA) Reference Manual-an annual compendium of standards-based industry wisdom, tips, and techniques in a cause/cure/prevention format-is now available. | | |
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| | | Upton Flooring Acquires Floor Trader Franchise from Rhodes & Company | | New York, NY, August 30, 2023-Upton Flooring has acquired Rhodes & Company (dba The Floor Trader-Gulf Coast), announced Generational Equity, which represented Rhodes & Company. | | |
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| | | Stonepeak Opens Showroom in Partnership with Robert F. Henry Tile Co. | | Nashville, TN, August 30, 2023-Stonepeak Ceramics, a ceramic manufacturer with a U.S.- based factory in Crossville, Tennessee, announces its new Nashville showroom, located at 770 Melrose Avenue in Nashville, in partnership with Alabama-based Robert F. Henry Tile Company. | | |
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| | | VitrA Tiles Names Szczybor Country Director for U.S. Operations | | Atlanta, GA, August 30, 2023-VitrA Tiles, a producer of high-end ceramics, has appointed Dennis Szczybor as country director for its U.S. operations. | | |
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| Featured Video | | | | Jay Smith Discusses Current Business Conditions in the Builder Segment of the Flooring Business | | August 30, 2023—Jay Smith, VP of Sales with Shaw Industries’ Builder and Multifamily business, and Kemp Harr discuss the headwinds and tai | | |
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