| Mar 28, 2019 / The Right News Right When It Happens | Top Story | | Q4 GDP Revised Down to 2.2% in Third Estimate | Washington, DC, March 28, 2019—Real gross domestic product (GDP) increased at an annual rate of 2.2% in the fourth quarter of 2018, according to the third estimate released by the Bureau of Economic Analysis. | |
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| Today's Flooring News | | Mannington Announces Price Increase on Sheet Vinyl | Salem, NJ, March 28, 2019-Mannington continues to be challenged by inflation in raw materials, energy, and transportation and with that must implement a price increase on select sheet vinyl products. | |
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| | Pending Home Sales Ticked Down 1.0% in February | Washington, DC, March 28, 2019—The Pending Home Sales Index decreased 1.0% to 101.9 in February, down from 102.9 in January, according to the National Association of Realtors (NAR). Year-over-year contract signings declined 4.9%, making this the fourteenth straight month of annual decreases. | |
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| | Lennar Posts Revenue and Earnings Increases for Q1 | Miami, FL, March 28, 2019-LennarÂs revenues rose 30% YOY in Q1, and net earnings rose 76%. | |
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Featured Video | | John Wu Discusses Novalis' Manufacturing Expansion for LVT Production in Shanghai | March 28, 2019—John Wu, co-owner of Novalis, and Kemp Harr discuss Novalis' ribbon cutting celebration for the firm's rigid core LVT expansion a | |
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