| | | Dec 07, 2022 / The Right News Right When It Happens | | Top Story | | | | Single-Family Home Construction Spurred by Covid Has Slowed | | Washington, DC, December 7, 2022—The big jump in single-family home building activity that occurred in the aftermath of the Covid-19 pandemic in large metro outlying counties and exurban areas has shown a marked decline over the past 12 months, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for Q3 2022. | | |
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| | Today's Flooring News | | | | Declining Home Prices Should Help Ease Inflation | | New York, NY, December 7, 2022—"The end is in sight for one of the biggest sources of inflation. Surging housing costs helped keep inflation high this year but have likely already swung into reverse, economists say,” reports the Wall Street Journal. | | |
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| | | | Mortgage Applications Declined 1.9% in Week Ending December 2 | | Washington, DC, December 7, 2022-Mortgage applications decreased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 2, 2022. | | |
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| | | | Chinese Exports to U.S. Declined 25% YOY in November | | New York, NY, December 7, 2022-"Chinese exports fell at the steepest pace in more than two years in November, the latest indication of how the country’s pandemic restrictions and waning global demand for goods is throttling China’s economy,” reports the Wall Street Journal. | | |
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| | | Women's Leadership Conference Slated for January 30 in Las Vegas | | Las Vegas, NV, December 7, 2022—The second annual Women's Leadership Conference will take place on January 30 from 1:00 PM to 5:00 PM, in Las Vegas, Nevada, just before the Surfaces trade show. | | |
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| | | Tim Hanno Named Director of Sales, South for Louisville Tile | | Louisville, KY, December 7, 2022-Louisville Tile Distributors announced that Tim Hanno has been appointed director of sales, South. | | |
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| Featured Video | | | | Ashlie Butler Discusses Business Conditions at Bob's Carpet and Flooring in Florida | | December 6, 2022—Ashlie Butler, President of Bob’s Carpet and Flooring, with 16 stores in Florida, and Kemp Harr discuss business conditio | | |
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