| Nov 02, 2018 / The Right News Right When It Happens | Top Story | | Unemployment Held Steady at 3.7% in October | Washington, DC, November 2, 2018--Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported. | |
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| Today's Flooring News | | Orders for Manufactured Goods Climbed 0.7% in September | Washington, DC, November 2, 2018-New orders for manufactured goods in September, up four of the last five months, increased $3.4 billion or 0.7% to $515.3 billion, the U.S. Census Bureau reported. | |
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| | Single Women Remain Powerful Force in Homebuying Market | Washington, DC, November 2, 2018-Single female buyers continue to be a powerful force in the market, while low inventory, rising interest rates and increasing home prices remain, holding back first-time buyers despite notable interest in buying a home, according to the National Association of Realtors 2018 Profile of Home Buyers and Sellers. | |
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| | Trade Deficit Widened in September | Washington, DC, November 2, 2018—The goods and services deficit was $54.0 billion in September, up $0.7 billion from $53.3 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced. | |
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| Builder Confidence in 55+ Housing Fell 7 Points in Q3 | Washington, DC, November 2, 2018—Builder confidence in the single-family 55+ housing market dropped seven points to 60 in the third quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI). | |
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| Surya Founder & President Honorees for 2019 Spirit of Life Award | Atlanta, GA, November 2, 2018—Surya founder Surya Tiwari and president Satya Tiwari will be honored by the world-renowned independent cancer research and treatment center with its highest honor, the 2019 Spirit of Life Award. | |
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| Domotex USA Launches Interview Series, #whyIdomotex | Chicago, IL, November 2, 2018-Domotex USA has launched #whyidomotex, a new series of interviews with flooring industry professionals, including designers, remodelers, distributors, retailers and manufacturers. | |
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| Construction Spending Grew by 5.5% in First Nine Months of 2018 | Arlington, VA, November 2, 2018-Construction spending hit a seasonally adjusted annual rate of $1.329 trillion and grew 5.5% for nine months of 2018 combined, with continued year-to-date gains for major public and private categories, according to an analysis of government data by the Associated General Contractors of America. | |
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| Latricrete Introduces Resinous Flooring Estimator Tool | Bethany, CT, November 2, 2018—Laticrete has introduced its Resinous Flooring Estimator—a state-of-the-art online tool for construction professionals utilizing Spartacote products for their floor coating projects. | |
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Featured Video | | Sam Ruble Discusses His New Role at Foss Floors | November 2, 2018—Sam Ruble, VP of sales for Foss Floors, and Kemp Harr discuss Sam's new role at Foss and the three primary markets that Foss Fo | |
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