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Dec 20, 2022 / The Right News Right When It Happens

Top Story

Housing Starts Inched Down 0.5% in November

Washington, DC, December 20, 2022-Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,427,000, 0.5% below the revised October estimate of 1,434,000 and 16.4% below the November 2021 rate of 1,706,000, according to the U.S. Census Bureau.

Today's Flooring News

Nearly 5 Million Existing Home Sales Expected in 2023, Says NAR

Washington, DC, December 20, 2022—An estimated 4.78 million existing homes will be sold, prices will remain stable, and Atlanta will be the top real estate market to watch in 2023 and beyond, forecasts Lawrence Yun, NAR chief economist and senior vice president of research.

CARE Adds Seven New California Drop-Off Sites

Dalton, GA, December 20, 2022—CARE is pleased to announce its latest public carpet recycling California drop-off sites.

Dennis Egan Has Died

Irvine, CA, December 20, 2022—Dennis Egan, 81, carpet and laminate industry veteran, died October 28 due to renal failure.

EU Energy Ministers Agree to Natural-Gas Price Cap

New York, NY, December 20, 2022—"European energy ministers reached an agreement Monday to impose an emergency limit for natural-gas prices, which have been sent soaring by Russia’s invasion of Ukraine,” reports the Wall Street Journal.

Mohawk Trucks Participate in Wreaths Across America

Calhoun, GA, December 20, 2022—Three Mohawk trucks are among hundreds from across the country that are collectively delivering wreaths in partnership with Wreaths Across America to decorate veterans’ graves for the holiday season at approximately 2,500 cemeteries across the United States and abroad.