| | | 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. | | |
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| | 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). | | |
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| | | | 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. | | |
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| | | | 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. | | |
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| | | 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. | | |
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| | | 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. | | |
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| | | 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. | | |
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| | | 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. | | |
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| Featured Video | | | | Rachel Lesczynski Discusses Changes to Surfaces' Education Sessions in January | | December 16, 2024—Rachel Lesczynski, conference manager for TISE/Surfaces, and Kemp Harr discuss the changes she has made to the Surfaces Expo e | | |
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