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Oct 12, 2023 / The Right News Right When It Happens

Top Story

Consumer Prices Up 0.4% in September, Inflation at 3.7%

Washington, DC, October 12, 2023- The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in September on a seasonally adjusted basis, after increasing 0.6% in August, the U.S. Bureau of Labor Statistics reported.

Today's Flooring News

Ron Lutwiller Named President of Bonitz, Succeeding Larmore

Columbia, SC, October 12, 2023-Ron Lutwiller has been named president of Bonitz, succeeding Pete Larmore, who will retire at the end of the year.

Live Ventures Makes Offer on LL Flooring

New York, NY, October 12, 2023-Live Ventures Incorporated submitted a non-binding proposal to acquire flooring retailer LL Flooring Holdings, formerly Lumber Liquidators, for $5.85 per share in an all-cash transaction.

NAHB Reports on Today's Homebuyers

Washington, DC, October 12, 2023--Using the 2021 American Housing Survey (AHS), NAHB investigated the characteristics of recent homebuyers-defined as households who purchased homes in the two years preceding the date the 2021 AHS was conducted-in a new special study.

Import Cargo Volume Expected to Slow in Q4 2023

Washington, DC, October 12, 2023-Import cargo volume at the nation’s major container ports has already hit its expected peak for the year and should gradually slow headed into the holiday season, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Initial Jobless Claims Steady at 209K in Week Ending October 7

Washington, DC, October 12, 2023—In the week ending October 7, the advance figure for seasonally adjusted initial claims was 209,000, unchanged from the previous week's revised level, according to the Department of Labor.