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.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
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.
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.
Consumer Sentiment Rose 2.3% in August
Ann Arbor, MI, August 30, 2024-Consumer sentiment rose 2.3% in August to 67.9, according to final results from the University of Michigan Survey of Consumers.
Personal Income Rose 0.3% in July, Spending Up 0.5%
Washington, DC, August 30, 2024—Personal income increased $75.1 billion (0.3% at a monthly rate) in July, according to estimates by the U.S. Bureau of Economic Analysis.
American Floor & Home to Host Grand Opening for Kapolei Store
Kapolei, HI, August 30, 2024—American Floor & Home has announced the grand opening and blessing of its newest location at 480 Kamokila Blvd in Kapolei, Oahu.
Q2 GDP Increased to 3% in Second Estimate
Washington, DC, August 29, 2024-Real gross domestic product (GDP) increased at an annual rate of 3.0% in Q2 2024, according to the second estimate released by the U.S. Bureau of Economic Analysis.
Pending Home Sales Declined 5.5% in July
Washington, DC, August 29, 2024-Pending home sales in July retreated 5.5%, according to the National Association of Realtors.
Initial Jobless Claims Declined by 2,000 in Week Ending August 24
Washington, DC, August 29, 2024—In the week ending August 24, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.
Employers Resetting Worker Pay Levels
Washington, DC, August 29, 2024-"Bosses are quietly trying to reset worker pay levels, saying the era of overpaying for talent is over,” reports the Wall Street Journal.