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Feb 27, 2023 / The Right News Right When It Happens

Top Story

Pending Home Sales Rose 8.1% in January

Washington, DC, February 27, 2023—The Pending Home Sales Index (PHSI) improved 8.1% to 82.5 in January, according to the National Association of Realtors.

Today's Flooring News

Berkshire's Building Product Sales Rose 15.7% in '22, Retail Sales Up 1.8%

Omaha, NE, February 27, 2023—Berkshire Hathaway reported fiscal year 2022 results over the weekend; the company owns Shaw Industries, Nebraska Furniture Mart and RC Willey.

Hospitality Construction Pipeline Up 4% YOY in 2022

Portsmouth, NH, February 27, 2023-At the close of 2022, Lodging Econometrics (LE) analysts report that the total global construction pipeline stands at 14,267 projects, a 4% increase year-over-year (YOY), with 2,298,846 rooms, according to the company’s Q4 year-end Global Construction Pipeline Trend Report.

Bob Broda Joins Starnet as Membership Development Representative

Columbus, OH, February 27, 2023—Bob Broda has joined Strnet as new membership development representative.

Orders for Durable Goods Declined 4.5% in January

Washington, DC, February 27, 2023-New orders for manufactured durable goods in January, down two of the last three months, decreased $13.0 billion or 4.5% to $272.3 billion, the U.S. Census Bureau announced. This followed a 5.1% December increase.