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Industry News

Personal Income Rose 0.3% in September

Washington, DC, October 31, 2024—Personal income increased $71.6 billion (0.3% at a monthly rate) in September, according to estimates released by the U.S. Bureau of Economic Analysis.

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Retailers at High Point Market Optimistic About 2025

High Point, NC, October 31, 2024—"Retailers attending High Point Market are expecting better times ahead and as early as the first half of 2025, according to a TD Bank survey taken Oct. 26-28 at the fall market,” reports Furniture Today.

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I4F Expands Partnership with Lioncore

Turnhout, Belgium, October 31, 2024-I4F, a group of companies providing patents and technologies to the flooring industry, announced that Lioncore Industries Vietnam Co. Ltd. has signed an additional license agreement for I4F’s new HerringB/ONE, single panel drop-lock system.

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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.

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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.

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Recent Industry Events

Interviews

Steve Cloud Discusses Starnet's Fall Meeting

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Ian Newton Discusses NFA Fall Meeting in Washington, D.C.

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Mark Bischoff Discusses the Highlights of Starnet's Fall Meeting in Nashville

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Brian Green Discusses NAFCD's Goals for the Coming Year

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Michael Wilbur Discusses His New Role as EVP of NAFCD

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