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Jun 27, 2019  /  The Right News Right When It Happens
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Pending Home Sales Rose 1.1% in May
Washington, DC, June 27, 2019—The Pending Home Sales Index climbed 1.1% to 105.4 in May, up from 104.3 in April, according to the National Association of Realtors.
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Today's Flooring News
Q1 GDP Holds at 3.1% in Third Estimate
Washington, DC, June 27, 2019-Real gross domestic product (GDP) increased at an annual rate of 3.1% in the first quarter of 2019, according to the third estimate released by the Bureau of Economic Analysis.
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Demand for Large Homes Continues to Decrease, Says AIA
Washington, DC, June 27, 2019—The overall size of new homes peaked in 2016 for this cycle and for the last three years has continued to moderate, according to new survey results from the American Institute of Architects (AIA).
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Benjamin Bachman Named CEO of Gerflor USA
Chicago, IL, June 27, 2019-Gerflor USA has announced Benjamin Bachman, chief marketing and sales officer, has been promoted to CEO of Gerflor USA, Connor Sports and Sport Court.
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Steve Rausch of the CTEF & CTFI Has Died
Norcross, GA, June 27, 2019—Steve Rausch, professional business and technical consultant for the Ceramic Tile and Flooring Industry and member of the Ceramic Tile Education Foundation (CTEF) board of directors, died June 8.
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