| | | Aug 02, 2023 / The Right News Right When It Happens | | Top Story | | | | HD Supply Acquires Redi Carpet | | Atlanta, GA, August 2, 2023-HD Supply has completed the acquisition of Redi Carpet. | | |
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| | Today's Flooring News | | | | Residential Home Purchases by Foreign Buyers Declined 9.6% YOY | | Washington, DC, August 2, 2023-Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, slipping 9.6% from the previous 12-month period, according to a new report from the National Association of Realtors. | | |
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| | | | Dallas, Texas Led Hotel Construction Pipeline in Q2 2023 | | Portsmouth, NH, August 2, 2023—In Q2 2023, the five markets with the largest hotel construction pipelines are Dallas, Texas with a record-high 184 projects/21,501 rooms; Atlanta, Georgia with 141 projects/17,993 rooms; Phoenix, Arizona with 119 projects/16,107 rooms; Nashville, Tennessee with 116 projects/15,346 rooms; and Los Angeles, California with 112 projects/17,797 rooms, according to Lodging Econometrics. | | |
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| | | | Private Sector Employment Rose by 324,000 in July | | Roseland, NJ, August 2, 2023—Private sector employment increased by 324,000 jobs in July, and annual pay was up 6.2% year-over-year, according to the July ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab. | | |
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| | | LSI Flooring to Distribute Tisca Rugs in U.S. and Canada | | New York, NY, August 2, 2023-Tisca Rugs, an Austrian rug manufacturer, will be exclusive distributed exclusively in the U.S. and Canadian markets by LSI Flooring. | | |
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| | | Mortgage Applications Declined by 3% in Week Ending July 28 | | Washington, DC, August 2, 2023—Mortgage applications decreased 3.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 28, 2023. | | |
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| | | Mohawk Wins 2023 Promise Award from Susan G. Komen | | Calhoun, GA, August 2, 2023—Mohawk was recognized with the 2023 Promise Award from Susan G. Komen at the tenth annual Bubbles & Bling event at the Atlanta History Center. | | |
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| Featured Video | | | | Matthieu Dekens Discusses Highlights from Last Week's Domotex Asia Expo in Shanghai | | August 2, 2023—Matthieu Dekens, president of I4F USA, and Kemp Harr discuss last week’s Domotex Asia show in Shanghai and the new technolo | | |
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