Phillip Raby of Raby Home Solutions Killed in Truck-Train Accident
Albuquerque, NM, March 6, 2024-Phillip Raby, 90, of Raby Home Solutions, was killed March 5 when the truck he was driving was hit by a Rail Runner train in Albuquerque.
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Private Sector Employment Rose by 140,000 in February
Roseland, NJ, March 6, 2024—Private sector employment increased by 140,000 jobs in February, and annual pay was up 5.1% year-over-year, according to the February ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Single-Family Production Showing Signs of Life, Says NAHB
Washington, DC, March 6, 2024-Led by larger urban metro markets, single-family growth rates are showing signs of a turnaround as moderating mortgage rates and a lack of existing inventory are contributing to a gradual upward trend, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for Q4 2023.
Job Openings Steady at 8.9M in January
Washington, DC, March 6, 2024—The number of job openings changed little at 8.9 million on the last business day of January, the U.S. Bureau of Labor Statistics reported.
Mortgage Applications Rose 9.7% in Week Ending March 1
Washington, DC, March 6, 2024—Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 1, 2024.
Steelcase Relocates Chicago Showroom to Fulton Market
Chicago, IL, March 6, 2024—Commercial furniture maker Steelcase will establish a Chicago presence at Fulton Market.
Fuse Announces 2024 Award Winners
Phoenix, AZ, March 5, 2024-Fuse Commercial Flooring Alliance celebrated a night of recognition and achievement during its annual conference in Phoenix, which boasted a record-breaking attendance of 460, a 30% increase from the 2023 conference.
Tarkett's North American Business Declined 8.5% YOY in Q4
Paris, France, March 5, 2024-Tarkett reported revenue in Q4 2023 declined 2.4% compared to 2022 due to unfavorable currency effects, but organic growth of 4.1% driven mainly by strong activity in the sports segment.
Bentley Mills' Q4 Revenue Declined 18% to 37.5M Euros
Waregem, Belgium, March 5, 2024-Bentley Mills' parent company, Belysse, reported that Bentley’s Q4 revenue was 37.5 million Euros, down 18% versus Q4 2022, while the adjusted EBITDA margin for Q4 2023 was increased from to 18.4% from 16.4%.
Orders for Manufactured Goods Declined 3.6% in January
Washington, DC, March 5, 2024—New orders for manufactured goods in January, down three of the last four months, decreased $21.5 billion or 3.6% to $569.7 billion, the U.S. Census Bureau reported. This followed a 0.3% December decrease.