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Mar 21, 2024 / The Right News Right When It Happens

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Existing-Home Sales Rose 9.5% in February

Washington, DC, March 21, 2024—Total existing-home sales bounced 9.5% from January to a seasonally adjusted annual rate of 4.38 million in February, according to the National Association of Realtors.

Today's Flooring News

Total Construction Starts Down 8% in Feb., Led by Commercial Decline

Bedford, MA, March 21, 2024—Total construction starts fell 8% in February to a seasonally adjusted annual rate of $1.07 trillion, according to Dodge Construction Network.

Fed Faces Interest Rate Conundrum

New York, NY, March 21, 2024—"The Federal Reserve is still aiming to lower interest rates later this year, and for many U.S. households and small businesses those rate cuts can’t come soon enough,” reports the Wall Street Journal. “But for big companies able to tap the corporate bond market, and for investors riding a rising stock market, relief from the Fed doesn’t seem all that necessary.

Myers Carpet Opens New Location in Atlanta

Atlanta, GA, March 21, 2024—Myers Carpet Company announces the opening of a new floorcovering store in Atlanta, Georgia, located at 926 Chattahoochee Avenue, N.W.

Jane Stanfield, Daughter of Shelby Peeples, Has Died

Dalton, GA, March 21, 2024—Jane Peeples Stanfield, age 68, daughter of Shelby Peeples, died March 18, following a battle with pancreatic cancer.

Milliken Completes ISO/IEC 27001

Spartanburg, SC, March 21, 2024—Milliken & Company recently completed the ISO 27001:2022 (ISO/IEC 27001) certification process for information security management systems (ISMS) as part of the company's commitment to data privacy and security.

Initial Jobless Claims Declined by 2,000 in Week Ending March 16

Washington, DC, March 21, 2024—In the week ending March 16, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.

Jiashiyibao Forms Partnership with Unilin for Four Technologies

Waregem, Belgium, March 21, 2024—Zhejiang Jiashiyibao Flooring Co. Ltd. (Jiashiyibao) entered into licensing agreements with Unilin for four technologies.