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Oct 20, 2022 / The Right News Right When It Happens

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Existing Home Sales Down 1.5% in September

Washington, DC, October 20, 2022—Total existing-home sales retracted 1.5% from August to a seasonally adjusted annual rate of 4.71 million in September, according to the National Association of Realtors.

Today's Flooring News

Initial Jobless Claims Declined by 12,000 in Week Ending October 15

Washington, DC, October 20, 2022-In the week ending October 15, the advance figure for seasonally adjusted initial claims was 214,000, a decrease of 12,000 from the previous week's revised level, according to the Department of Labor.

Remodeling Activity Expected to Decline Sharply in Mid-2023

Cambridge, MA, October 20, 2022—Annual gains in improvement and maintenance expenditures to owner-occupied homes are expected to decline sharply by the middle of next year, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Carpet One Floor & Home Names New Advisory Committee Members

Manchester, NH, October 20, 2022—Carpet One Floor & Home recently announced the four new members to its Advisory Council.

Milliken Receives Verification of Net-Zero by 2050 Goals

Spartanburg, SC, October 20, 2022—Diversified global manufacturer Milliken & Company announces its science-based net-zero targets have been approved by the U.N.-backed Science Based Targets initiative (SBTi).