| Mar 15, 2023 / The Right News Right When It Happens | Top Story | | Builder Confidence Rose Two Points to 44 in March | Washington, DC, March 15, 2023—Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the third straight monthly increase in builder sentiment levels. | |
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| Today's Flooring News | | February Retail Sales Down 0.4% from January But Up 5.4% YOY | Washington, DC, March 15, 2023—Advance estimates of U.S. retail and food services sales for February 2023 were $697.9 billion, down 0.4% from the previous month but up 5.4% above February 2022, according to the U.S. Census Bureau. | |
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| | Abbey Holds Annual Convention with New Members & Suppliers | Nashville, TN, March 15, 2023-At Abbey Carpet and Floors to Go’s annual convention, running March 12 through 16 in Nashville, the buying group introduced six new suppliers and a new lead management system. | |
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| | AHF Products Names Jake Loftis to COO Role | Mountville, PA, March 15, 2023-AHF Products, a manufacturer of hard surface flooring solutions in North America, welcomes Jake Loftis as its new chief operating officer (COO). | |
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| Producer Prices Inched Down 0.1% in February | Washington, DC, March 15, 2023—The Producer Price Index for Final Demand decreased 0.1% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. | |
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| Mortgage Applications Rose 6.5% in Week Ending March 10 | Washington, DC, March 15, 2023—Mortgage applications increased 6.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 10, 2023. | |
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| HMTX Cares Fundraiser Exceeds Goal | Norwalk, CT, March 15, 2023—HMTX Cares, a charity organization created by HMTX Industries that raises money for fighting addiction and co-occurring mental illness, held a fundraiser on March 9 at its headquarters, dubbed the House Up On The Hill, in Norwalk, Connecticut. | |
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| Distributive Trade Sales & Manu. Shipments Up 1.5% in January | Washington, DC, March 15, 2023—The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,847.5 billion, up 1.5% from December 2022 and up 5.0% from January 2022, according to the U.S. Census Bureau. | |
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