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Dec 17, 2024 / The Right News Right When It Happens

Top Story

Mohawk's Biennial Edge Dealer Meeting Underway Now in Colorado

Aurora, CO, December 17, 2024-Mohawk’s biennial Edge meeting with its largest residential dealers is underway now at the Gaylord Rockies Resort & Convention Center in Aurora, Colorado, running through the evening of December 18.

Today's Flooring News

Builder Confidence Flat at 46 in December

Washington, DC, December 17, 2024—Builder confidence in the market for newly built single-family homes was 46 in December, the same reading as last month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

November Retail Sales Up 0.7% from October, Up 3.8% YOY

Washington, DC, December 17, 2024—Advance estimates of U.S. retail and food services sales for November 2024 were $724.6 billion, an increase of 0.7% from the previous month, and up 3.8% from November 2023, according to the U.S. Census Bureau.

Rate Cut "All but Certain" This Week

New York, NY, December 17, 2024—“Investors see an interest-rate cut by the Federal Reserve this week as all but certain. Inside the central bank, the case for continued reductions will be less clear-cut if the economy continues to chug along,” reports the Wall Street Journal.

Industrial Production Declined 0.1% in November

Washington, DC, December 17, 2024-Industrial production (IP) moved down 0.1% in November after declining 0.4% in October, according to the Federal Reserve.

Top CEOs Optimistic About Economic Outlook

New York, NY, December 17, 2024—"CEOs of the world’s biggest companies are more optimistic about the economy than they have been in years,” reports the Wall Street Journal.

Premier Hardwood Products Earns NWFA/NOFMA Mill Certification

St. Charles, MO, December 17, 2024—Premier Hardwood Products is the latest company to earn NWFA/NOFMA Mill Certification from the National Wood Flooring Association.

Ralph Falavinha Named EVP of Certified Flooring Installers

Dalton, GA, December 17, 2024—The Certified Flooring Installers (CFI), a division of the World Floor Covering Association and a certification organization for flooring installers and sales associates, has announced Ralph Falavinha's appointment as its new executive vice president, effective January 1.