Adleta Names Justin Daniels Vice President Commercial Division
Carrolton, TX, September 7, 2023—Justin Daniels has been promoted to vice president commercial division for Adleta.
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.
GoodWeave Names Jon Jacoby CEO
Washington, DC, September 7, 2023—GoodWeave International’s board of directors has selected Jon Jacoby as the organization’s new chief executive officer (CEO).
Oakland International Airport Recycles 15,000 Pounds of Carpet
Oakland, CA, September 7, 2023—Oakland International Airport installed recycled carpeting in Terminal 1 and worked with a California-based materials processing provider to recycle over 15,000 pounds of material from the previous flooring treatment.
Initial Jobless Claims Declined by 13,000 in Week Ending September 2
Washington, DC, September 7, 2023—In the week ending September 2, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 13,000 from the previous week's revised level, according to the Department of Labor.
U.S. Trade Deficit Widened by $1.3 Billion in July
Washington, DC, September 6, 2023-The goods and services deficit was $65.0 billion in July, up $1.3 billion from $63.7 billion in June, revised, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.
NAFCD + NBMDA Announce 2023 Annual Convention Speakers
Chicago, IL, September 6, 2023-This fall, NAFCD and NBMDA plan to host a wide range of subject-matter experts at the 2023 NAFCD + NBMDA Annual Convention.
Mortgage Applications Declined 2.9% in Week Ending September 1
Washington, DC, September 6, 2023—Mortgage applications decreased 2.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 1, 2023.
Oil-Production Cuts Indicate Slowdown in Chinese Economy
Washington, DC, September 6, 2023—"An extension of oil-production cuts by two of the world’s largest crude exporters Tuesday hardened Wall Street’s fears that the Chinese economy has hit a rough patch that could slow global growth,” according to the Wall Street Journal.
Single-Family Construction Slowdown Hitting Large Metro Areas Hardest
Washington, DC, September 5, 2023—Rising mortgage rates and elevated construction costs have taken a toll on the pace of single-family construction in markets across the nation, with the slowdown most pronounced in large metro areas.
Factory Orders Declined 2.1% in July
Washington, DC, September 5, 2023—New orders for manufactured goods in July, down following four consecutive monthly increases, decreased $12.7 billion or 2.1% to $579.4 billion, the U.S. Census Bureau reported.