| | | Feb 24, 2023 / The Right News Right When It Happens | | Top Story | | | | Jan. New Home Sales Rose 7.2% from Dec., Down 19.4% YOY | | Washington, DC, February 24, 2023-Sales of new single-family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.2% above the revised December rate of 625,000 but 19.4% below the January 2022 estimate of 831,000. | | |
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| | Today's Flooring News | | | | February Consumer Sentiment Up 6.7% YOY | | Ann Arbor, MI, February 24, 2023—Consumer sentiment rose 3.2% in February to 67.0, according to final results from the University of Michigan Survey of Consumers. | | |
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| | | | Multilayer Wood Flooring Imports Rose by 11% in Value in 2022 | | Washington, DC, February 24, 2034—In 2022, U.S. imports of multilayered wood flooring rose by more than 11% in value to more than $1.3 billion and 7% in volume to more than 761 million square feet, according to the Decorative Hardwoods Association. | | |
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| | | | BASF to Close Its German Caprolactam Plant | | Ludwigshafen, DE, February 24, 2023-BASF has announced that it will close its Ludwigshafen, Germany caprolactam plant. | | |
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| | | Kährs Sales Rose 8% in Q1 | | Stockholm, Sweden, February 24, 2023—For Q1 2023, Kährs reports that net sales rose 8% to SEK 937 million (867). | | |
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| | | Wayfair Lost Five Million Customers in 2022, Revenue Declined 11% | | New York, NY, February 24, 2023—"Wayfair Inc. lost five million customers in 2022, shrinking the online furniture retailer’s shopper count to near its size before the Covid-19 pandemic triggered a consumer-spending surge,” reports the Wall Street Journal. | | |
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| | | Chattanooga Times Free Press Names Shaw a 2023 Best Employer | | Dalton, GA, February 24, 2023—Shaw Industries has been named the top winner in four employer categories for the Chattanooga Times Free Press 2023 North Georgia Best of the Best awards. | | |
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| | | Personal Income Rose 0.6% in January, Spending Up 1.8% | | Washington, DC, February 24, 2023—Personal income increased $131.1 billion (0.6%) in January, according to estimates released by the Bureau of Economic Analysis. | | |
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| Featured Video | | | | Jonathan Cohen Showcases Stanton's New Products for 2023 | | February 24, 2023—Jonathan Cohen, CEO with Stanton, and Kemp Harr showcase Stanton’s decorative focus with 85 new products launched at Sur | | |
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