Housing Market Demand Stirs as Mortgage Rates Falls
New York, NY, February 7, 2023-"Falling mortgage rates are beginning to stir demand in the housing market,” 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.
Trade Deficit Widened by $6.4B in December
Washington, DC, February 7, 2023-The goods and services deficit was $67.4 billion in December, up $6.4 billion from $61.0 billion in November, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Registration for NeoCon 2023 Opens February 14
Chicago, IL, February 7, 2023--Registration for NeoCon officially opens February 14. This year's event will be held June 12 to 14 at The Mart in Chicago.
Homebuyer Preferences Continue to Shift Post-Covid
Washington, DC, February 6, 2023—Homebuyer preferences have continued to shift home building trends in the wake of Covid-19.
James Floor Covering Has Joined Starnet
Columbus, OH, February 6, 2023--James Floor Covering, headquartered in Bristol, Pennsylvania, has joined Starnet.
Marvin Youngerman Has Died
Sarasota, FL, February 6, 2023-Marvin Youngerman, 93, died January 22.
Metroflor Names Winners of 2022 Distributor Performance Awards
Norwalk, CT, February 3, 2023—Metroflor Corporation bestowed its annual distributor performance awards at The International Surface Event (TISE) in Las Vegas in the Mandalay Bay Foundation Room.
Stump Offers Recap of 2023 Las Vegas Market
Charlotte, NC, February 3, 2023—Analysts Stump & Company released the following recap of the Las Vegas Market,
January Employment Rose by 517,000 Jobs, Unemployment Steady
Washington, DC, February 3, 2023—Total nonfarm payroll employment rose by 517,000 in January, and the unemployment rate changed little at 3.4%, the U.S. Bureau of Labor Statistics reported.
Fed Raises Interest Rate By Only Quarter-Point
Washington, SC, February 2, 2023-"The Federal Reserve nudged up short-term interest rates by a quarter-percentage point and signaled it was on track to do so again at its meeting next month while officials consider whether and when to pause increases late this spring,” reports the Wall Street Journal.