| | | Jul 28, 2021 / The Right News Right When It Happens | | Top Story | | | | Home Prices Rose 16.6% in May, Says Case-Shiller | | New York, NY, July 28, 2021—U.S. home prices set a record for the second straight month, according to the latest S&P CoreLogic Case-Shiller Home Price Index. | | |
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| | Today's Flooring News | | | | Consumer Confidence in July Hovers at 17-Month High | | Ann Arbor, MI, July 28, 2021—U.S. consumer confidence grew to a reading of 129.1 in July, the highest since February 2020 and up from 128.9 in June. | | |
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| | | | Construction Starts Fell 7% in June | | Hamilton Township, NJ, July 28, 2021— Total construction starts fell 7% in June, declining to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics. | | |
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| | | | Xpress Global Systems Acquires Delta Distribution | | Chattanooga, TN, July 28, 2021— Aterian Investment Partners, a private investment firm, through its portfolio company Xpress Global Systems, LLC (XGS), has announced the acquisition of Delta Distribution/Michigan Carpet, a specialized flooring less-than-truckload company headquartered in Grand Rapids, Michigan. | | |
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| | | Carpet Collection Gets a Boost | | Dalton, GA, July 28, 2021—The California Carpet Stewardship Program, which is run by CARE (Carpet America Recovery Effort), has awarded its first grant to an apprentice and journeyman program under Cycle 4 Micro Grants for Collection/Reuse (Cycle 4M). | | |
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| | | Hospitality Market Shows Early Signs of Recovery | | Portsmouth, NH, July 27, 2021—According to analysts at Lodging Econometrics (LE), at the end of the Q2 2021, the total U.S. construction pipeline stood at 4,787 projects and 598,111 rooms, down 14% YOY from 5,582 projects and 687,801 rooms in Q2 2020. | | |
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| | | Durable Goods Orders Rise 0.8% in June | | Washington, D.C., July 27, 2021—The U.S. Census Bureau has announced that new orders for manufactured durable goods in June increased 0.8%, or $2.1 billion, to $257.6 billion, the 13th increase in 14 months. | | |
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| | | HMTX’s Halstead Promotes Adrienne Brown to VP of Sales and Marketing | | Smyrna, GA, July 27, 2021—Halstead, HMTX’s home center division, has promoted Adrienne Brown to vice president of sales and marketing, according to Eric Anderson, president of Halstead International. | | |
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| | | Spartan Surfaces Expands into New England | | Bel Air, MD, July 27, 2021—Spartan Surfaces, a specialty flooring distribution company headquartered in Maryland with showrooms in Chicago and Washington, D.C., has expanded into Connecticut, Massachusetts, Rhode Island, New Hampshire and Maine. | | |
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| | | Mohawk Group Launches Waterways Project | | Calhoun, GA, July 27, 2021—Mohawk Group has announced the launch of its Waterways Project, a mobile showcase centered on sustainability that features new products and innovations from Mohawk Group and Durkan, the firm’s hospitality division. | | |
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| Featured Video | | | | Mike Gallman Discusses the Mohawk Group's Waterways Project Traveling Exhibit | | July 27, 2021—Mike Gallman, president of the Mohawk Group, and Kemp Harr discuss Mohawk’s Waterways Project traveling exhibit that started | | |
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