Floordaily

Oct 30, 2024 / The Right News Right When It Happens

Top Story

Q3 GDP Rose 2.8%

New York, NY, October 30, 2024- “The U.S. economy continued its recent streak of strong growth in the third quarter, as consumers picked up their spending, and exports and government spending rose,” reports the Wall Street Journal.

Today's Flooring News

Pending Home Sales Rose 7.4% in September

Washington, DC, October 30, 2024—The Pending Home Sales Index (PHSI)—a forward-looking indicator of home sales based on contract signings—jumped 7.4% to 75.8 in September, the highest level since March (78.3), according to the National Association of Realtors.

Construction Industry Job Openings Declined by 40,000 in Sept.

Washington, DC, October 30, 2024—The construction industry had 288,000 job openings on the last day of September, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.

Shaw Floors Forms Partnership with American Kennel Club

Dalton, GA, October 30, 2024-Shaw Floors, the flagship residential brand of Shaw Industries Group, Inc. (Shaw), has announced its new partnership with the American Kennel Club (AKC), the world’s largest not-for-profit all-breed dog registry.

Mortgage Applications Declined 0.1% in Week Ending October 25

Washington, DC, October 30, 2024—Mortgage applications decreased 0.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 25, 2024.

Capel Rugs Opens New High Point Showroom

High Point, NC, October 30, 2024—"Capel Rugs has moved its showroom from Market Square to 200 N. Hamilton, the first showroom move for the company in four decades,” reports Furniture Today.