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.
Washington, DC, August 4, 2023—Total nonfarm payroll employment rose by 187,000 in July, and the unemployment rate changed little at 3.5%, the U.S. Bureau of Labor Statistics reported.
Las Vegas, NV, August 4, 2023—Stump & Co. issued the following report about the Las Vegas summer market, which took place July 30 to August 3, featuring home furnishings.
Washington, DC, August 3, 2023—Nonfarm business sector labor productivity increased 3.7% in Q2 2023, the U.S. Bureau of Labor Statistics reported, as output increased 2.4% and hours worked decreased 1.3%.
St. Louis, MO, August 3, 2023-The National Wood Flooring Association (NWFA) has launched a new sales course, "Selling Against Wood Floor Look-alikes," aimed at helping industry professionals effectively sell real wood flooring in an increasingly competitive marketplace.
Washington, DC, August 3, 2023—In the week ending July 29, the advance figure for seasonally adjusted initial claims was 227,000, an increase of 6,000 from the previous week's unrevised level of 221,000, according to the Department of Labor.
Chicago, IL, August 3, 2023—Spec-Intelligence, a commercial construction product data SaaS company, announced the launch of its proprietary Spec-ID Integration software technology that connects to Procore through an API.
Atlanta, GA, August 2, 2023-HD Supply has completed the acquisition of Redi Carpet.
Washington, DC, August 2, 2023-Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, slipping 9.6% from the previous 12-month period, according to a new report from the National Association of Realtors.
Portsmouth, NH, August 2, 2023—In Q2 2023, the five markets with the largest hotel construction pipelines are Dallas, Texas with a record-high 184 projects/21,501 rooms; Atlanta, Georgia with 141 projects/17,993 rooms; Phoenix, Arizona with 119 projects/16,107 rooms; Nashville, Tennessee with 116 projects/15,346 rooms; and Los Angeles, California with 112 projects/17,797 rooms, according to Lodging Econometrics.
Roseland, NJ, August 2, 2023—Private sector employment increased by 324,000 jobs in July, and annual pay was up 6.2% year-over-year, according to the July ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.