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Jan 28, 2021 / The Right News Right When It Happens

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GDP Up 4.0% in Q4, According to Advance Estimate

Washington, DC, January 28, 2021-Real gross domestic product (GDP) increased at an annual rate of 4.0% in the fourth quarter of 2020, according to the advance estimate released by the Bureau of Economic Analysis.

Today's Flooring News

New Single-Family Home Sales Rose 15.2% YOY in December

Washington, DC, January 28, 2021-Sales of new single-family houses in December 2020 were at a seasonally adjusted annual rate of 842,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 1.6% above the revised November rate of 829,000 and is 15.2% above the December 2019 estimate of 731,000.

Max Holland Named President of Home Solutions for FEI Group

Atlanta, GA, January 28, 2021-FEI Group is pleased to announce that Max Holland is joining the FEI Group team as president of the Home Solutions Division.

Tressa Samdal Named a Marketing Director for Happy Floors

Miami, FL, January 28, 2021-Happy Floors is pleased to announce Tressa Samdal as the new director of Easy Luxury marketing and product management.

Nourison Breaks Ground on Warehouse Expansion in Calhoun

Saddle Brook, NJ, January 28, 2021—Nourison has started groundbreaking on its warehouse expansion in Calhoun, Georgia.

CARE Awards Three Micro Grants in California

Dalton, CA, January 28, 2021—CARE's California Carpet Stewardship Program has awarded three additional Micro Grants for Collection and Reuse (Cycle 3M), totaling $39,597.

Jobless Claims Decreased by 67K to 847K in Third Week of Jan.

Washington, DC, January 28, 2021—In the week ending January 23, the advance figure for seasonally adjusted initial claims was 847,000, a decrease of 67,000 from the previous week's revised level, according to the Department of Labor.