| Mar 06, 2024 / The Right News Right When It Happens | Top Story | | Single-Family Production Showing Signs of Life, Says NAHB | Washington, DC, March 6, 2024—Led by larger urban metro markets, single-family growth rates are showing signs of a turnaround as moderating mortgage rates and a lack of existing inventory are contributing to a gradual upward trend, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for Q4 2023. | |
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| Today's Flooring News | | Phillip Raby of Raby Home Solutions Killed in Truck-Train Accident | Albuquerque, NM, March 6, 2024-Phillip Raby, 90, of Raby Home Solutions, was killed March 5 when the truck he was driving was hit by a Rail Runner train in Albuquerque. | |
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| | Private Sector Employment Rose by 140,000 in February | Roseland, NJ, March 6, 2024—Private sector employment increased by 140,000 jobs in February, and annual pay was up 5.1% year-over-year, according to the February ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab. | |
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| | Mortgage Applications Rose 9.7% in Week Ending March 1 | Washington, DC, March 6, 2024—Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 1, 2024. | |
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| Job Openings Steady at 8.9M in January | Washington, DC, March 6, 2024—The number of job openings changed little at 8.9 million on the last business day of January, the U.S. Bureau of Labor Statistics reported. | |
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| Steelcase Relocates Chicago Showroom to Fulton Market | Chicago, IL, March 6, 2024—Commercial furniture maker Steelcase will establish a Chicago presence at Fulton Market. | |
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