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Aug 01, 2019  /  The Right News Right When It Happens
Top Story
Federal Reserve Cuts Rates for the First Time Since 2008
Washington, DC, August 1, 2019—The Federal Reserve released the following statement about its decision to cut rates by 0.25% for the first time since 2008,
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Today's Flooring News
Construction Spending Down 1.3% in June
Washington, DC, August 1, 2019—Construction spending during June 2019 was estimated at a seasonally adjusted annual rate of $1,287.0 billion, 1.3% below the revised May estimate of $1,303.4 billion, according to the U.S. Census Bureau.
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Shaw Releases 2018 Sustainability Report
Dalton, GA, August 1, 2019—Shaw has released its 2018 sustainability report. The report emphasizes the company’s efforts to sustain[HUMAN]ability, an endeavor to put people at the heart of its sustainability efforts—addressing planetary health and human experience at the same time.
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Q2 Hotel Construction Pipeline Neared All-Time High Rates
Portsmouth, NH, August 1, 2019—Analysts at Lodging Econometrics (LE) reported for the second quarter of 2019, the total U.S. construction pipeline climbed to 5,653 projects/693,207 rooms, up 6% by projects and 9% by rooms year-over-year (YOY).
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Purchasing Managers' Index Marked Slight Decrease in June
Tempe, AZ, August 1, 2019—The June Purchasing Managers’ Index registered 51.7%, a decrease of 0.4 percentage point from the May reading of 52.1%, according to the ISM Report on Business.
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FCICA Announces Executive Board Members
West Bloomfield, MI, August 1, 2019--FCICA, the Flooring Contractors Association, announced the members of it executive board.
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CFL North America Named Steve Kramer Director of Sales, Distrib.
Jiaxing, China, August 1, 2019—CFL North America has promoted Steve Kramer to director of sales, distribution.
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Featured Video
Scott Beckham Discusses Intex Flooring's Decision to Join Fuse
August 1, 2019—Scott Beckham, a managing partner with Intex Flooring, a commercial flooring contractor based in Houston, and Kemp Harr discuss I
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