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.
New York, NY, July 7, 2023-"The average long-term U.S. mortgage rate climbed to a new high for the year this week, pushing up borrowing costs for homebuyers already facing heightened competition in a housing market short on homes,” reports the Associated Press.
Richmond, VA, July 7, 2023—LL Flooring Holdings announced three new leadership team appointments, all effective July 10.
Washington, DC, July 7, 2023-- Total nonfarm payroll employment increased by 209,000 in June, and the unemployment rate changed little at 3.6%, the U.S. Bureau of Labor Statistics reported.
Milwaukee, WI, July 7, 2023—On June 19 to 23, the Premiere Tile Artisans Training event was held at the Dragonfly Tile and Stone Works shop.
Minneapolis, MN, July 7, 2023-Ryan Comer, 47, CEO of Minneapolis, Minnesota-based Renovation Systems, died June 30 in a plane crash.
Roseland, NJ, July 6, 2023—Private sector employment increased by 497,000 jobs in June, and annual pay was up 6.4% year-over-year, according to the June ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Washington, DC, July 6, 2023-The goods and services deficit was $69.0 billion in May, down $5.5 billion from $74.4 billion in April, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Washington, DC, July 6, 2023-Mortgage applications decreased 4.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 30, 2023.
Washington, DC, July 6, 2023—The number of job openings decreased to 9.8 million on the last business day of May, the U.S. Bureau of Labor Statistics reported.
Washington, DC, July 6, 2023—In the week ending July 1, the advance figure for seasonally adjusted initial claims was 248,000, an increase of 12,000 from the previous week's revised level, according to the Department of Labor.