| Sep 03, 2024 / The Right News Right When It Happens | Top Story | | Single-Family Home Output Up Double Digits in Five of Seven Regions | Washington, DC, September 3, 2024-A lack of resale homes and pent-up demand more than offset high mortgage rates and contributed to solid single-family permit growth across nearly all geographic regions in the second quarter. | |
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| Today's Flooring News | | Construction Spending Declined 0.3% in July | Washington, DC, September 3, 2024—Construction spending during July 2024 was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3% below the revised June estimate of $2,169.0 billion, according to the U.S. Census Bureau. | |
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| | Purchasing Managers' Index Rose to 47.2% in August | Tempe, AZ, September 3, 2024—The Manufacturing Purchasing Managers’ Index (PMI) registered 47.2% in August, up 0.4 percentage point from the 46.8% recorded in July, say the nation's supply executives in the latest Manufacturing ISM Report On Business. | |
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| | Americans Economic Mood Lifting | Washington, DC, September 3, 2024-”The American consumer is starting to shake out of a lingering bad mood,” reports the Wall Street Journal. | |
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| NTCA Announces September 2024 Workshop & Training Schedule | Jackson, MS, September 3, 2024—The National Tile Contractors Association (NTCA) has announced its September tour across 11 states, delivering a lineup of standards-based educational workshops and regional trainings to industry professionals. | |
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| Owen Baker Has Died | Saddle Brook, NJ, September 3, 2024—Nourison Home announces the passing of Owen Baker, a valued member of the company and the flooring industry. | |
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