| | | Jan 02, 2025 / The Right News Right When It Happens | | Top Story | | | | Construction Spending Unchanged in November | | Washington, DC, January 2, 2025—Construction spending during November 2024 was estimated at a seasonally adjusted annual rate of $2,152.6 billion, virtually unchanged from the revised October estimate of $2,152.3 billion, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | Pending Home Sales Rose 2.2% in November | | Washington, DC, January 2, 2025—Pending home sales gained 2.2% in November—the fourth consecutive month of increases and the highest level since February 2024—according to the National Association of Realtors. | | |
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| | | | AHF Implements Hard Surface Price Increase | | Mountville, PA, January 2, 2025—AHF Products will implement a 5% to 8% price increase on most of its hard surface flooring solutions across all brands, effective on orders and shipments on or after January 13, 2025. | | |
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| | | | Mortgage Applications Declined 21.9% in Week Ending December 27 | | Washington, DC, January 2, 2025-Mortgage applications decreased 21.9% from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 27, 2024. | | |
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| | | Leading Flooring News Stories in 2024 | | Chattanooga, TN, January 2, 2025-Happy 2025! Looking back over last year, these were three major flooring industry stories from 2024. | | |
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| | | Floors & More Names Virga Jr. President, Levitsky Vice President | | Ocala, FL, January 2, 2025— Floors & More announced Vinnie Virga Jr. has been named president, and Kevin Levitsky has been named vice president. | | |
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| | | Lamonte Named Regional VP for Welspun Hospitality Flooring | | New York, NY, January 2, 2025—Kirk Lamonte has been named regional vice president at Welspun Hospitality Flooring. | | |
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| | | Initial Jobless Claims Declined by 9,000 in Week Ending Dec. 28 | | Washington, DC, January 2, 2025-In the week ending December 28, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 9,000 from the previous week's revised level, according to the Department of Labor. | | |
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| Featured Video | | | | Darren Hearns and Tom Urban Discuss Great Lakes and Edge | | January 2, 2025—Darren Hearns and Tom Urban, Owner and GM of Great Lakes Carpet and Tile, respectively, and Kemp Harr discuss retail flooring bu | | |
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