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Sep 28, 2023 / The Right News Right When It Happens

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Pending Home Sales Declined 7.1% in August

Washington, DC, September 28, 2023—Pending home sales slid 7.1% in August, according to the National Association of Realtors. All four U.S. regions posted monthly losses and year-over-year declines in transactions.

Today's Flooring News

Q2 Renovation Lull Has Continued into Q3

Charlotte, NC, September 28, 2023—Truist reported that renovation spending weakened in Q2 2023 as expected, and, so far, there has been no sign of a pickup.

Interface Named to Time100 Most Influential Companies for 2023 List

Atlanta, GA, September 28, 2023—Interface was included on the Time100 Most Influential Companies for 2023 list, which highlights 100 companies making an impact around the world. Interface is the only flooring manufacturer recognized in the Time100.

NTCA to Host 30 Workshops During October

Flowood, MS, September 28, 2023—The National Tile Council of America (NTCA) will hold 30 three-hour workshops to 15 states, four full-day regional training events, and two two-day Art Glass Panel trainings during October.

Q2 GDP Steady at 2.1% in Third Estimate

Washington, DC, September 28, 2023-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q2 2023, according to the third estimate released by the Bureau of Economic Analysis. In Q1, real GDP increased 2.2%.

Initial Jobless Claims Rose by 2,000 in Week Ending September 23

Washington, DC, September 28, 2023—In the week ending September 23, the advance figure for seasonally adjusted initial claims was 204,000, an increase of 2,000 from the previous week's revised level, according to the Department of Labor.

Stanley Licker of Fraser/Gold Carpet Has Died

New York, NY, September 28, 2023-Stanley Licker, 85, died September 21.