Q3 GDP Revised Up to 2.9% in Second Estimate
Washington, DC, November 30, 2022-Real gross domestic product (GDP) increased at an annual rate of 2.9% in Q3 2022, according to the second estimate released by the Bureau of Economic Analysis.
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.
Pending Home Sales Declined 4.6% in October
Washington, DC, November 30, 2022—The Pending Home Sales Index (PHSI) sank 4.6% to 77.1 in October, according to the National Association of Realtors.
NWFA University Receives Fourth SAP Litmos Lenny Award
St. Louis, MO, November 30, 2022—The National Wood Flooring Association (NWFA) announced that its online learning platform, NWFA University (NWFAU), has received its fourth SAP Litmos Lenny Award for Best Not-for-Profit Training Program.
Job Openings Declined to 10.3M in October
Washington, DC, November 30, 2022-The number of job openings edged down to 10.3 million on the last business day of October, the U.S. Bureau of Labor Statistics reported.
Floor360 Celebrating 25 Years of Business
Madison, WI, November 30, 2022-Floor360 is celebrating 25 years of serving the residential and commercial flooring markets in the Madison and Milwaukee, Wisconsin areas and beyond.
Bryan Langley Named EVP & CFO of Floor & Decor
Atlanta, GA, November 30, 2022—Floor & Decor will promote Bryan Langley to serve as its executive vice president and chief financial officer, effective November 29.
Mortgage Applications Declined 0.8% in Week Ending November 25
Washington, DC, November 30, 2022—Mortgage applications decreased 0.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 25, 2022.
Jeffrey Court Named Merchandising Partner of the Year by Home Depot
Norco, CA, November 30, 2022—Jeffrey Court was recognized by partner Home Depot as Merchandising Partner of the Year.
Private Sector Employment Rose by 127,000 Jobs in November
Roseland, NJ, November 30, 2022—Private sector employment increased by 127,000 jobs in November, and annual pay was up 7.6% year-over-year, according to the November ADP National Employment Report.
Mohawk Launching SmartStrand Color Wall
Calhoun, GA, November 30, 2022-Mohawk is investing in the SmartStrand brand with a new merchandising destination, the SmartStrand Color Wall.