| | | Feb 09, 2023 / The Right News Right When It Happens | | Top Story | | | | Housing Affordability Hits Record Low but Nears Turning Point | | Washington, DC, February 9, 2023—Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building material supply chain bottlenecks that increased construction costs, housing affordability posted three consecutive quarterly declines in 2022 and now stands at its lowest level since the National Association of Home Builders (NAHB) began tracking it on a consistent basis in 2012. | | |
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| | Today's Flooring News | | | | U.S.-China Trade On the Rise, As Flooring Imports from China Decline | | New York, NY, February 9, 2023-Despite security concerns, U.S. commerce with China is on the rise, reports the Wall Street Journal. | | |
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| | | | Initial Jobless Claims Rose by 13,000 in Week Ending February 4 | | Washington, DC, February 9, 2023—In the week ending February 4, the advance figure for seasonally adjusted initial claims was 196,000, an increase of 13,000 from the previous week's unrevised level of 183,000, according to the Department of Labor. | | |
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| | | | KBIS Welcomed Record Number of Attendees to 2023 Event | | Bethlehem, PA, February 9, 2023—The Kitchen & Bath Industry Show (KBIS), owned by the National Kitchen and Bath Association (NKBA), just had one of the most successful shows in its nearly 60-year history. | | |
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| Featured Video | | | | James Lesslie Discusses Engineered Floors' New Products and Growth Initiatives for 2023 | | February 9 2023—James Lesslie, COO for Engineered Floors, and Kemp Harr showcase EF’s new high definition fiber technology, DW Select and | | |
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