| Oct 27, 2023 / The Right News Right When It Happens | Top Story | | Mohawk's Sales Declined 5% in Q3, Earnings Loss of $760 Million | Calhoun, GA, October 27, 2023-Mohawk reported net sales of $2.8 billion for Q3 2023, a 5% decline compared to sales of $2.9 billion in the same quarter last year. | |
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| Today's Flooring News | | Consumer Sentiment Declined 6% to 63.8 in October | Ann Arbor, MI, October 27, 2023-Consumer sentiment declined 6% to 63.8 in October, according to the final results from the University of Michigan Survey of Consumers. | |
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| | Spending Rose 0.7% in September; Personal Income Up 0.3% | Washington, DC, October 27, 2023-Personal income increased $77.8 billion (0.3% at a monthly rate) in September, according to estimates released by the Bureau of Economic Analysis. | |
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| | Inflation Expected to Keep Fed Rate Hike Paused | New York, NY, October 27, 2023-"The Federal Reserve’s favorite inflation measure is estimated to show that price pressures picked up modestly last month amid a surge in economic growth, a strong labor market and a consumer spending splurge,” reports the Wall Street Journal. | |
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| Mannington Comml. Forms Partnership with Appalachian Carbon Exchange | Calhoun, GA, October 27, 2023—Mannington Commercial, a manufacturer of commercial flooring products, is partnering with Appalachian Carbon Exchange (ACE), a non-profit initiative of the Tennessee River Gorge Trust, as its carbon offset partner. | |
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| Spec-ID and JengAI Products Now Integrate | Charlottesville, VA, October 27, 2023—Spec-ID, an innovator in commercial construction product data, announced the seamless integration between Spec-ID and JengAI. | |
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Featured Video | | Shane Totten Discusses Mannington Mills' Decision to Support the UN Global Compact | October 27, 2023—Shane Totten, Director of Sustainability for Mannington, and Kemp Harr discuss the state of sustainability within the interior | |
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